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Casual Articles - How To Develop Your Non-Financial Resources And Acquire Untold Riches
Most franchisees, about 60% of them, do not fully tell the truth during the application, candidate screening process or sales interview. Franchise Buyers need to concentrate on complete integrity during the sales process when purchasing a new franchise or buying out the rights and transferring an existing Franchise.For over a decade I ran a franchising company and was appalled and the number of lies I caught, in fact I got to the point to simply not trust anything anyone said during the buying and interview process. I'd have to say that a franchisee who misrepresents themselves ought to realize that that miss representation will adversely effect things like start-up cash flow, ability to manage, ROI, and operational costs associated with interest rates, equipment leases, and general operating credit for expansion.Now then would we sign a franchise agreement with a franchisee we knew lied to us? Same question. Why is it the franchisors fault always? Many disgruntled franchisees who have only given a half ass effort will say it is the franchisors fault, but why after they lied their way into the deal; because they do not like franchisors? Have you ever been one and had to control the image, expansion, brand name and market share? Dear franchise buyers; stop lying on forms
So why would he say that, initially, i thought this is a man with incredible riches and massive confidence in his ability. But, when you think of it deeply, you begin to realise that he could certainly do it, as what he has developed all those years growing up in the tough str
Technology is taking us into the future at a pace that is faster than we previously imagined possible. Our ability to conjure an image of what the world may look like five to ten years down the track is improving, thanks to new strategic planning theories and tools. However, it is our willingness to consider emerging, new categories of risk that is still a stumbling block for many business planners. Some executives and business owners are “risk adverse”, preferring to deal with a business interruption as and when it occurs. Yet it is through the discipline of Risk Management that we can improve our ability to survive in the cutthroat world of the modern economy. Risk management, when employed as an integral part of business operations, can improve both the quality and reliability of technology and how it is applied in real life.Most risk assessments revolving around cyberspace take place after an event occurs. This is possibly because many executives are still grappling with what is and isn’t possible via the World Wide Web. The value, then, of Risk Management as a strategic tool, becomes more apparent as we push at the boundaries of commerce, law and privacy.Security Managers and purveyors of IT security tools are observing the birth of new types of cyber exposu
How many rich people have you heard of or seen on TV that just do not seem content or happy with their lot ? The issue is not that they don't have money or wealth etc...but they developed their financial resources before working on their non-financials, this is partly the reason why there is an ever growing increase of psychologists and rehab centres springing up everywhere.....
The Apprentice:
Do you remember watching the programme where contestants work on various tasks with the aim of securing a lucrative job with a business tycoon. The UK version had Sir Alan Sugar as the tycoon, but it was something he mentioned which also proves this point, it was during one of the tasks when the budding apprentices were sent to an east end market to sell goods and beforehand, it showed Sir Alan visiting the market where apparently he had plied his trade and selling skills. He basically said, he could re-accumulate his wealth even if he had to restart all over again.
So why would he say that, initially, i thought this is a man with incredible riches and massive confidence in his ability. But, when you think of it deeply, you begin to realise that he could certainly do it, as what he has developed all those years growing up in the tough stre
You may have heard something about ‘branding’ in regards to marketing, but perhaps you’ve wondered what that means exactly.Sometimes it is better to explain something in relation to something else. That’s what I am going to do – so first I will start with ‘positioning’. You also may have heard that term, but also did not really know what it meant. ‘Positioning’ is a marketing term that means to take a product or service and “position” it in the mind of your prospects/clients by comparing it with or against something already familiar in their minds. Al Reis and Howard Geltzer first published a book about it in the 1970’s.To give you an idea of positioning, take Avis. Hertz car rental already had first place in the market. By being first place, they preempted that position. Everyone knew that they were #1. So, Avis, to get any recognition at all, had to position themselves with Hertz, but actually couldn’t take their spot. Do you recall what they did? You got it – “Avis. We try harder.” By positioning themselves as the best second runner up, they were able to capitalize on a larger portion of that market.Some people think branding is like positioning, but it is different. The main difference is that positioning is a fluid concept. In other words, you
How many rich people have you heard of or seen on TV that just do not seem content or happy with their lot ? The issue is not that they don't have money or wealth etc...but they developed their financial resources before working on their non-financials, this is partly the reason why there is an ever growing increase of psychologists and rehab centres springing up everywhere.....
The Apprentice:
Do you remember watching the programme where contestants work on various tasks with the aim of securing a lucrative job with a business tycoon. The UK version had Sir Alan Sugar as the tycoon, but it was something he mentioned which also proves this point, it was during one of the tasks when the budding apprentices were sent to an east end market to sell goods and beforehand, it showed Sir Alan visiting the market where apparently he had plied his trade and selling skills. He basically said, he could re-accumulate his wealth even if he had to restart all over again.
So why would he say that, initially, i thought this is a man with incredible riches and massive confidence in his ability. But, when you think of it deeply, you begin to realise that he could certainly do it, as what he has developed all those years growing up in the tough str
Everybody talks about innovation but not many firms can “walk the talk” and turn a creative idea into something of value. According to the Harvard Business Review only 1 in 10 new product introductions succeed in the market.But what makes the difference between success and failure? If we knew the answer we could use innovation to drive faster growth and superior profits.I asked 65 companies world-wide to look back at their recent projects and decide why some projects worked and some didn’t. They include IBM, Microsoft, Lloyds Bank and the RAF. Here are the conclusions of the study:1. Know exactly who will buy your product, under what circumstances and at what price.2. Make sure the product is high on the list of priorities for your customer and they need it urgently.3. Your product should at least save time, save money, be the easiest to use or the most stylish.4. Get evidence of these benefits so you can demonstrate them easily to the customer.5. Build a team with one vision and one goal, where there is trust and everyone is motivated to succeed.6. Make sure everyone in the team has a clear understanding of the aims and objectives of the project, as well as awareness of their own roles and responsibilities in achieving them.efore working on their non-financials, this is partly the reason why there is an ever growing increase of psychologists and rehab centres springing up everywhere.....
The Apprentice:
Do you remember watching the programme where contestants work on various tasks with the aim of securing a lucrative job with a business tycoon. The UK version had Sir Alan Sugar as the tycoon, but it was something he mentioned which also proves this point, it was during one of the tasks when the budding apprentices were sent to an east end market to sell goods and beforehand, it showed Sir Alan visiting the market where apparently he had plied his trade and selling skills. He basically said, he could re-accumulate his wealth even if he had to restart all over again.
So why would he say that, initially, i thought this is a man with incredible riches and massive confidence in his ability. But, when you think of it deeply, you begin to realise that he could certainly do it, as what he has developed all those years growing up in the tough str
There are approximately 35 million Americans that were born in foreign countries. When we compare this with the approximate 285 million Americans across the country we find that approximately 10% of all people living in this country are immigrants. That means foreign languages are a major part of our lives.After each war new legislation is passed in order to either stem or control immigration. In 1891 the Immigration Service was established to deal with the large influx of immigrants after the Civil War. After WWI the federal government again instituted immigration quotas around 1921 to limit impoverished new comers. The 1990’s have seen the larges amount of immigration since the early 1800’s. If the statistics included illegal immigrants the number would be huge making the 1990’s an immigration free-for-all.Many companies have begun instituting English only in the workplace. The policy change is because there are is a high level of new immigrants and nearly 11 million Americans that are not fluent in English. This creates problems for employers who must maintain productive work environments where the languages spoken on the floor are not always understood by everyone else.The issue of an “English Only” workplace requires some type of business necessity whereupon
So why would he say that, initially, i thought this is a man with incredible riches and massive confidence in his ability. But, when you think of it deeply, you begin to realise that he could certainly do it, as what he has developed all those years growing up in the tough str
The really dumb marketers say that advertising is more of an art than a science. Nothing could be further than the truth. Yet these self-proclaimed marketing gurus, consultants, authors and marketing tape peddlers never stop purporting such utter and complete hokum.Anyone who studies the human brain and how it really works using the latest technologies realizes that advertising to really make an announcement need to an ever lasting impression in the brain to fuse together neuron connections.The technology and science of this is well documented and it ain’t art. Art is someone with no legs and arms hanging on the wall. Any self-proclaimed marketer who states that advertising is more of an art than a science is full of farts and beans.Oh these self-proclaimed marketers will try to fill you up with whiz and give you tips on creating better headlines and tell you which are the best words to use. But the truth is that those words bring out images in the human mind and that is documented science, not art.They will tell you to keep it active, relevant, simple, authoritative and shocking; yes no kidding. But again that is not art, that is science and there is a real reason for it you see. Advertising is a science, not an art and the sooner you figure that out the
So why would he say that, initially, i thought this is a man with incredible riches and massive confidence in his ability. But, when you think of it deeply, you begin to realise that he could certainly do it, as what he has developed all those years growing up in the tough streets of the east end of London was his people skills, life skills, essential for the journey which is life. Therefore, i personally have no doubt in him when he says he could re-accumulate his wealth all over again.
What about Sir Richard Branson, Anita Roddick, Bill Gates, Ted Nicholas, George Soros, to name but a few, do you think they could re-accumulate their wealth if they all had to start over again? Of course they can, they will obviously face challenges, but no more than what they have had to face in reaching the heights they have reached.
The Story:
To further show you how developing your non financial resources is critical to your success in your career or business i wish to share with you a story i came across from an excellent book i read, called Dream Making in a Dream Taking World, by Dr. Price. It follows and answers why you need to work on developing your life skills, your people skills, why for instance a lawyer might need to attend a workshop on communication skills, or why an engineer should read plays by shakespeare, or why an accountant should watch a DVD on leadership skills.
You may have heard of the story of the "swallows of capistrano". It is the story of these tiny birds on their migration habits. Each year, the swallows fly 6,000 miles from Buenos Aires, Argentina to San Juan Capistrano, in southern California. Most of the journe
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