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Casual Articles - Business Best Practice (2) Succeed More Often by Anticipating Problems/Preparing Backup Plans
How Nonprofit Organizations Compete l of Center for Management Development, and many others.According to the book Successful Marketing Strategies for Nonprofit Organization by Barry McLeish, nonprofit groups compete with each other in roughly four areas: quality of programs or technology, positioning of programs or products, quality of support services and price. Let's take a look at each of these areas and compare them with regard to how a for-profit company competes.Quality of programs or technology: Many times in a for-profit company, better technology is what puts you ahead of others. R&D departments work continuously to improve existing products and to be the first to roll out new products and services. While your nonprofit probably doesn't have an R&D department, you can - and should - always be evaluating products/programs and creating new ones. Keep improving on what you've got, even if you're "the best." Don't take the status quo as acceptable, because it won't be tomorrow.Positioning of programs or products: There are many ways to demonstrate high quality fo I prepared letters to each of these people, and hand delivered them with a copy of the neatly spiral bound paper to their offices. My objective was to use that paper to draw attention to myself with respect to my work on Self-Development Education. That was between January and late February 2002. Some months later it became obvious that the NIM competition would not hold, so I was glad I had implemented my other plans. But not as glad as I was when in August 2002, I got a visit from the Training Manager of the Center for Management Development (CMD) who wanted to know if I could meet with them for a discussion, towards leading their September 2002 staff seminar by delivering my paper on Self-Development Education at their main auditorium. After about 3 meetings, agreements on honorarium to be paid, event date and time, etc were reached, and on Wednesday 25th September 2002, I successfully delivered a one-hour talk to an audience of over 100 persons including directors and other staff, in the CMD’s main auditorium. (Read my article titled "I Flopped Badly At The National Finals!(A True Story About How NOT To Prepare For/Deliver An Important Presentation)" to learn more how I used learnings from a botched presentation during the 1997 NIM national comp Discount Metal Detectors Note: This article is an excerpt from my Entrepreneur's Survival Reference E-Book Self-Help Manual titled "25 Avoidable Mistakes No One Will Warn You About In Starting Your Own Business"(in which "Failing To Prepare A Backup/Alternative Action" is one of the 25 mistakes discussed). As a result, you will find that illustrations used are more relevant to persons starting up their businesses. Having said that, the ideas proferred here can be easily adapted for use in any other business situation.The importance of metal detectors is growing day by day, as they are employed for all purposes from leisure to work and safety. Metal detectors of various types and prices are available now. Usually, the price of a metal detector starts from $75.00. But, the prices of metal detectors with most sophisticated features and functions, such as Garrett Master Hunter CX plus and Garrett GTI 2500, range from $500 to $1000. Discount metal detectors are a great way to acquire these high-end, expensive metal detectors at cheap rates. A better option for hobby, prospecting and security, discount metal detectors usually depend on the price, category and type of metal detectors.Discount metal detectors always offer good value for your money, as they usually provide discounts between 20-40%. The normal price of a walk through metal detector is $750, but when discount is provided, it could be availed for just $450. Likewise, the discount price of a high performance gold detector with boost amplifier Do You Have Backup/Alternative Action Plans For When Your Business Suffers Unexpected Setbacks? “One way to succeed is to work hard at not failing by always anticipating problems before they occur” – Peter Drucker Certain successful entrepreneurs are reputed to be uncomfortable with "good times" i.e. when everything appears to be going "smoothly". According to one book I have read, these individuals formed this habit as a result of past experiences, when such "good times" in their businesses were followed by a string of unexpected setbacks. Their experiences apparently "trained them" to be sensitive to unseen but possibly impending problems or "danger". During "good times" therefore, instead of relaxing and celebrating, they quickly develop/implement strategies aimed at addressing the problems they anticipate or fears they have. Having Back Up Plans Can Help You Reduce Your Frequency Of Failure Having back up plans will not guarantee you absence of failure. But it can ensure that you reduce the frequency of your failures, and/or don’t record avoidable failures. In addition, the back up plans will enable you bounce back quickly from your setbacks. And that is of utmost importance. As most of us must have heard at one time or the other, it’s not falling down that matters. But being able to get up and keep going every time you fall down is what really matters. Backup plans will enable you do this much more easily, effectively and frequently. Developing back up plans will help you prepare to deal with any suggestions of delays, disappointments or failures that might occur. It will make it easier for you to keep a positive outlook when things appear not to be going well – because you will be confident in the knowledge that you have an alternative plan(s) already in place. How To Develop A Backup Plan So how do you draw up your plan? Simple really. Just ask yourself questions. Imagine you are not you. (It’s easier than you think, I assure you). Just try and imagine that you’re one of those “nay-sayers” or unbelieving people who question your sanity, possibly because they do not understand your business idea. Then proceed to generate the kinds of questions(or reasons/arguments) you think they would come up with, to prove that what you want to do cannot be done. It might not be a bad idea to actually approach these individuals with the objective of deliberately getting them to discuss their thoughts about your ideas with you. Be smart about it. Make it look natural – start a conversation and gradually steer it to the subject you want them to comment upon. Very often I have found people like this especially eager, and they relish the opportunity to tell you why they are right and you are wrong to try doing it the way you intend. Never mind all that, just "record" all you can and then withdraw to generate action plans that will help you effectively ensure that those reasons they’ve given/questions they’ve raised, can be effectively addressed through the action plan you will develop. Next, decide on the order in which you will implement items in the action plan you have come up with. Then commence doing so. As things progress, depending on your judgment of whether or not the plan you are working is doing well, you can then initiate implementation of other plans. You will find that some of your plans will require you to seek assistance of certain individuals at short notice. If possible plan ahead and hint them that you might need them. Members of your mastermind alliance(especially those who do NOT take setbacks or problems too seriously) could prove useful in these circumstances. How Having A Backup Plan Helped Me Win A Speaking Invitation When I first started out in business in early 2002, I had just finished writing my latest management research paper titled “Self-Development As A Tool For Achieving Career Advancement(A Practical Guide Based On Experience)”. I recall vividly that after reading through my work on that paper, I repeatedly told my wife, brother, friends – and all who cared to listen – that I believed it was my best work so far. I also told them I was convinced I could win the next Nigerian Institute of Management’s (NIM’s) Young Manager’s competition (I had placed fifth in the National Finals on my debut in 1997). So I began making enquiries about the competition, but was told the programme was not yet out. Something however began pushing me to make alternative plans to get my paper in front of the leaders of thought in management who I believed would be able to give me useful feedback. One evening I sat down and began writing down the names of organisations/individuals who I felt would be able to give me authentic and useful criticisms. People like Dr. J. Y Maiyaki, Director General of Center for Management Development, and many others. I prepared letters to each of these people, and hand delivered them with a copy of the neatly spiral bound paper to their offices. My objective was to use that paper to draw attention to myself with respect to my work on Self-Development Education. That was between January and late February 2002. Some months later it became obvious that the NIM competition would not hold, so I was glad I had implemented my other plans. But not as glad as I was when in August 2002, I got a visit from the Training Manager of the Center for Management Development (CMD) who wanted to know if I could meet with them for a discussion, towards leading their September 2002 staff seminar by delivering my paper on Self-Development Education at their main auditorium. After about 3 meetings, agreements on honorarium to be paid, event date and time, etc were reached, and on Wednesday 25th September 2002, I successfully delivered a one-hour talk to an audience of over 100 persons including directors and other staff, in the CMD’s main auditorium. (Read my article titled "I Flopped Badly At The National Finals!(A True Story About How NOT To Prepare For/Deliver An Important Presentation)" to learn more how I used learnings from a botched presentation during the 1997 NIM national compe Tips For Finding A Commercial Real Estate Agent ticipate or fears they have.When it comes to finding the right commercial real estate agent, it’s not easy. The right agent can mean the difference between saving literally thousands of dollars in commission as well as making you millions of dollars. The right agent can save you time, which is money.Questions to ask an agentWhen you are ready to hire a commercial real estate agent, ask some key questions. First, ask the agent to send you information about himself or herself. By looking at the agent’s promotional materials and brochures, you can get a good idea about whether the person will be successful in terms of helping you find the right commercial real estate property or sell one you already have.Second, ask the commercial real estate about his or her credentials, certification and education in terms of selling commercial properties. If the agent is a Realtor who has worked primarily with residential listings, you might want to wait until he or she has more experience before being a test subje Having Back Up Plans Can Help You Reduce Your Frequency Of Failure Having back up plans will not guarantee you absence of failure. But it can ensure that you reduce the frequency of your failures, and/or don’t record avoidable failures. In addition, the back up plans will enable you bounce back quickly from your setbacks. And that is of utmost importance. As most of us must have heard at one time or the other, it’s not falling down that matters. But being able to get up and keep going every time you fall down is what really matters. Backup plans will enable you do this much more easily, effectively and frequently. Developing back up plans will help you prepare to deal with any suggestions of delays, disappointments or failures that might occur. It will make it easier for you to keep a positive outlook when things appear not to be going well – because you will be confident in the knowledge that you have an alternative plan(s) already in place. How To Develop A Backup Plan So how do you draw up your plan? Simple really. Just ask yourself questions. Imagine you are not you. (It’s easier than you think, I assure you). Just try and imagine that you’re one of those “nay-sayers” or unbelieving people who question your sanity, possibly because they do not understand your business idea. Then proceed to generate the kinds of questions(or reasons/arguments) you think they would come up with, to prove that what you want to do cannot be done. It might not be a bad idea to actually approach these individuals with the objective of deliberately getting them to discuss their thoughts about your ideas with you. Be smart about it. Make it look natural – start a conversation and gradually steer it to the subject you want them to comment upon. Very often I have found people like this especially eager, and they relish the opportunity to tell you why they are right and you are wrong to try doing it the way you intend. Never mind all that, just "record" all you can and then withdraw to generate action plans that will help you effectively ensure that those reasons they’ve given/questions they’ve raised, can be effectively addressed through the action plan you will develop. Next, decide on the order in which you will implement items in the action plan you have come up with. Then commence doing so. As things progress, depending on your judgment of whether or not the plan you are working is doing well, you can then initiate implementation of other plans. You will find that some of your plans will require you to seek assistance of certain individuals at short notice. If possible plan ahead and hint them that you might need them. Members of your mastermind alliance(especially those who do NOT take setbacks or problems too seriously) could prove useful in these circumstances. How Having A Backup Plan Helped Me Win A Speaking Invitation When I first started out in business in early 2002, I had just finished writing my latest management research paper titled “Self-Development As A Tool For Achieving Career Advancement(A Practical Guide Based On Experience)”. I recall vividly that after reading through my work on that paper, I repeatedly told my wife, brother, friends – and all who cared to listen – that I believed it was my best work so far. I also told them I was convinced I could win the next Nigerian Institute of Management’s (NIM’s) Young Manager’s competition (I had placed fifth in the National Finals on my debut in 1997). So I began making enquiries about the competition, but was told the programme was not yet out. Something however began pushing me to make alternative plans to get my paper in front of the leaders of thought in management who I believed would be able to give me useful feedback. One evening I sat down and began writing down the names of organisations/individuals who I felt would be able to give me authentic and useful criticisms. People like Dr. J. Y Maiyaki, Director General of Center for Management Development, and many others. I prepared letters to each of these people, and hand delivered them with a copy of the neatly spiral bound paper to their offices. My objective was to use that paper to draw attention to myself with respect to my work on Self-Development Education. That was between January and late February 2002. Some months later it became obvious that the NIM competition would not hold, so I was glad I had implemented my other plans. But not as glad as I was when in August 2002, I got a visit from the Training Manager of the Center for Management Development (CMD) who wanted to know if I could meet with them for a discussion, towards leading their September 2002 staff seminar by delivering my paper on Self-Development Education at their main auditorium. After about 3 meetings, agreements on honorarium to be paid, event date and time, etc were reached, and on Wednesday 25th September 2002, I successfully delivered a one-hour talk to an audience of over 100 persons including directors and other staff, in the CMD’s main auditorium. (Read my article titled "I Flopped Badly At The National Finals!(A True Story About How NOT To Prepare For/Deliver An Important Presentation)" to learn more how I used learnings from a botched presentation during the 1997 NIM national comp Low Cost High Risk Merchant Accounts your business idea. Then proceed to generate the kinds of questions(or reasons/arguments) you think they would come up with, to prove that what you want to do cannot be done.The need to save money is becoming more imperative these days. Prices of certain commodities have gone so high that even those who have money are complaining. Because of this, many people are finding ways to establish an online business that can give them more profit but with using only a small amount of capital.If you want to establish an online business, you have to give your customers a list of payment methods to choose from. The most convenient way for your customers to pay for your merchandise is through the use of credit cards. To have this kind of payment method on your website, you have to apply for a merchant account first. But not everyone can get a merchant account and enjoy the associated benefits. If your online business falls under the category of "high risk," then the merchant account providers or MAPs may think twice before granting you an account. Online casinos and adult websites are considered "high risk." But even if you are fortunate enough to be granted one, it c It might not be a bad idea to actually approach these individuals with the objective of deliberately getting them to discuss their thoughts about your ideas with you. Be smart about it. Make it look natural – start a conversation and gradually steer it to the subject you want them to comment upon. Very often I have found people like this especially eager, and they relish the opportunity to tell you why they are right and you are wrong to try doing it the way you intend. Never mind all that, just "record" all you can and then withdraw to generate action plans that will help you effectively ensure that those reasons they’ve given/questions they’ve raised, can be effectively addressed through the action plan you will develop. Next, decide on the order in which you will implement items in the action plan you have come up with. Then commence doing so. As things progress, depending on your judgment of whether or not the plan you are working is doing well, you can then initiate implementation of other plans. You will find that some of your plans will require you to seek assistance of certain individuals at short notice. If possible plan ahead and hint them that you might need them. Members of your mastermind alliance(especially those who do NOT take setbacks or problems too seriously) could prove useful in these circumstances. How Having A Backup Plan Helped Me Win A Speaking Invitation When I first started out in business in early 2002, I had just finished writing my latest management research paper titled “Self-Development As A Tool For Achieving Career Advancement(A Practical Guide Based On Experience)”. I recall vividly that after reading through my work on that paper, I repeatedly told my wife, brother, friends – and all who cared to listen – that I believed it was my best work so far. I also told them I was convinced I could win the next Nigerian Institute of Management’s (NIM’s) Young Manager’s competition (I had placed fifth in the National Finals on my debut in 1997). So I began making enquiries about the competition, but was told the programme was not yet out. Something however began pushing me to make alternative plans to get my paper in front of the leaders of thought in management who I believed would be able to give me useful feedback. One evening I sat down and began writing down the names of organisations/individuals who I felt would be able to give me authentic and useful criticisms. People like Dr. J. Y Maiyaki, Director General of Center for Management Development, and many others. I prepared letters to each of these people, and hand delivered them with a copy of the neatly spiral bound paper to their offices. My objective was to use that paper to draw attention to myself with respect to my work on Self-Development Education. That was between January and late February 2002. Some months later it became obvious that the NIM competition would not hold, so I was glad I had implemented my other plans. But not as glad as I was when in August 2002, I got a visit from the Training Manager of the Center for Management Development (CMD) who wanted to know if I could meet with them for a discussion, towards leading their September 2002 staff seminar by delivering my paper on Self-Development Education at their main auditorium. After about 3 meetings, agreements on honorarium to be paid, event date and time, etc were reached, and on Wednesday 25th September 2002, I successfully delivered a one-hour talk to an audience of over 100 persons including directors and other staff, in the CMD’s main auditorium. (Read my article titled "I Flopped Badly At The National Finals!(A True Story About How NOT To Prepare For/Deliver An Important Presentation)" to learn more how I used learnings from a botched presentation during the 1997 NIM national comp Dealing With The Public-Not Always A Barrel Of Monkeys! d hint them that you might need them. Members of your mastermind alliance(especially those who do NOT take setbacks or problems too seriously) could prove useful in these circumstances.Dealing with the public is not easy! That’s a wide open statement if I might say so myself, so allow me to try to explain and I am smart enough to know full well that at times, I too”am” the public.For the past 37 years I have been self employed always servicing the public whether it was in my restaurant, my clothing store or my gift shop. There has to be a pill out there specifically designated to take prior to servicing the public. The public can be nice; they can be easy, they can be agreeable “but” not often. It seems to me that the more hectic our lives become, the older we get, the more we our frustrations out on those who service us, whether it be in the service industry, the retail industry or the poor guy just pumping our gas. As I am now in the insurance business, I deal with the public by way of telephone and face to face all day long, five days a week, 52 weeks a year, and Joe and Josephine public can be brutal! They come in all smiles nicey nicey when they need to b How Having A Backup Plan Helped Me Win A Speaking Invitation When I first started out in business in early 2002, I had just finished writing my latest management research paper titled “Self-Development As A Tool For Achieving Career Advancement(A Practical Guide Based On Experience)”. I recall vividly that after reading through my work on that paper, I repeatedly told my wife, brother, friends – and all who cared to listen – that I believed it was my best work so far. I also told them I was convinced I could win the next Nigerian Institute of Management’s (NIM’s) Young Manager’s competition (I had placed fifth in the National Finals on my debut in 1997). So I began making enquiries about the competition, but was told the programme was not yet out. Something however began pushing me to make alternative plans to get my paper in front of the leaders of thought in management who I believed would be able to give me useful feedback. One evening I sat down and began writing down the names of organisations/individuals who I felt would be able to give me authentic and useful criticisms. People like Dr. J. Y Maiyaki, Director General of Center for Management Development, and many others. I prepared letters to each of these people, and hand delivered them with a copy of the neatly spiral bound paper to their offices. My objective was to use that paper to draw attention to myself with respect to my work on Self-Development Education. That was between January and late February 2002. Some months later it became obvious that the NIM competition would not hold, so I was glad I had implemented my other plans. But not as glad as I was when in August 2002, I got a visit from the Training Manager of the Center for Management Development (CMD) who wanted to know if I could meet with them for a discussion, towards leading their September 2002 staff seminar by delivering my paper on Self-Development Education at their main auditorium. After about 3 meetings, agreements on honorarium to be paid, event date and time, etc were reached, and on Wednesday 25th September 2002, I successfully delivered a one-hour talk to an audience of over 100 persons including directors and other staff, in the CMD’s main auditorium. (Read my article titled "I Flopped Badly At The National Finals!(A True Story About How NOT To Prepare For/Deliver An Important Presentation)" to learn more how I used learnings from a botched presentation during the 1997 NIM national comp The Safe Practice Of Online Credit Card Processing To Collect Fees For Events And Conferences l of Center for Management Development, and many others.The safe practice of online credit card processing: 3 things event planners and their attendees should look for.It's fair to say that chasing up payments is on the list of life's most tedious and time consuming tasks. The advent of online credit card processing (instant transactions), has somewhat alleviated this for event organizers who use it as a benefit of online registration. Credit card use however, already carries its fair share of anxieties and asking people to hand over their digits online... even more so.The good news is that there are three simple things event organizers and those paying for anything online with a credit card can look for that signal safe practice.1. Technical talk:There should be a SSL (Secure Socket Layer) certificate installed on the server where credit card information is being gathered. This signals a secure connection between the webpage where you are entering your details (data) and the server. L I prepared letters to each of these people, and hand delivered them with a copy of the neatly spiral bound paper to their offices. My objective was to use that paper to draw attention to myself with respect to my work on Self-Development Education. That was between January and late February 2002. Some months later it became obvious that the NIM competition would not hold, so I was glad I had implemented my other plans. But not as glad as I was when in August 2002, I got a visit from the Training Manager of the Center for Management Development (CMD) who wanted to know if I could meet with them for a discussion, towards leading their September 2002 staff seminar by delivering my paper on Self-Development Education at their main auditorium. After about 3 meetings, agreements on honorarium to be paid, event date and time, etc were reached, and on Wednesday 25th September 2002, I successfully delivered a one-hour talk to an audience of over 100 persons including directors and other staff, in the CMD’s main auditorium. (Read my article titled "I Flopped Badly At The National Finals!(A True Story About How NOT To Prepare For/Deliver An Important Presentation)" to learn more how I used learnings from a botched presentation during the 1997 NIM national competition - that took place 5 years BEFORE - to successfully deliver my presentation at the CMD's Staff Seminar in 2002 without a hitch, despite a potentially destabilizing power failure occurrence). Summary Aside from positive verbal and written feebdack(I got back over 80 of the speaker evaluation forms I circulated to the audience, with an average rating of 4 - on a scale of 1[poor] to 5[excellent]) the CMD also sent me a letter of appreciation some weeks later. I actively used this successful CMD outing to gain credibilty before other decision makers including: a Management Consultant who would later invite me as a paid External Speaker to deliver a paper I titled "Interpersonal Effectiveness(A Real-World Relevant Approach") - based on my experiences in paid employment - to management trainees just recruited into a leading fast foods company located in Lagos. Did I achieve my objective of getting myself and my work noticed/acknowledged by leaders of thought in my niche or area? Yes I did. But I had to pro-actively develop(based on actively observing trends of events, and considering their possible implications) and implement an alternative plan in place of the one I had originally started out with. Be prepared to do that when(NOT if) the need arises.
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