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Archive for the Self Help

Some entrepreneurs are workaholics. They envision themselves working to build their businesses for the rest of their lives. But that’s not everybody. Some business owners think in terms of building their baby up for a few years, and then selling it off and sailing to Bimini. Or taking a break and then getting to work on their next business idea….read full story

Entrepreneur.com Daily Dose.

This is one of the most critical decisions a young entrepreneur or any entrepreneur for that matter must consider.  If you are truly an entrepreneur, you are going to want to try your hand at many different businesses, some you may keep over the long term and some you may sell.  But the truly savvy entrepreneur knows that very early on, it is actually part of their planning process, that this business is being built to be sold, replicated, franchised, etc. 

This key planning step is especially critical when multiple partners are involved.  Everyone needs to be on same page for what will happen down the road, it is an integral step in my small business consulting practice to have this conversation with my clients who are in partnerships.   Let’s get it all out on the table now and craft our partnership agreement on the best and worst set of circumstances, this way we are all on the same page from day 1.

Planning for the sale before the start is an essential step in entrepreneur development and sows the seeds of anticipated success.  I hope uyou enjoy the article link.

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I love the stock market, it is truly a reflection of the entrepreneurial spirit of our nation.  As such, I have always been an avid investor and have enjoyed some recent bottom fishing success with some financial sector stocks.   One tactic I have always used in my stock investing is a stop loss, a stop loss triggers an automatic sell order at a predetermined price.  Whenever I buy a stock,  I always use a stop loss, it limits my losses and eliminates my need to constantly be watching the price for the right time to sell in case of a decline. 

But i digress, check out this article from kiplingers on some stock opportunities in the current economic environment.

 

Every so often there’s a strange-but-true story about a corpse that twitches just before it’s to be shipped to the morgue. This can also happen with investments. But when you see such a phenomenon in the world of stocks, you’re not having a nightmare. In fact, you’re witnessing an opportunity to, er, make a killing…. read full article at Stocks Back from the Dead – Kiplinger.com.

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Here is a great post for entrepreneurs I came across about  How To Make twitter A Powerful Networking Tool

In these recessionary times every bit of energy that your company expends needs to transform into valuable results. Twitter has the potential to open the door to dozens, hundreds or thousands of valuable contacts depending on what your company has time to manage. We’ve looked at hundreds of comments from professionals and simplified practices they used that have turned them into power networkers rather than sideline observers on one of the fastest growing social networks on the internet.  read the full article by following the link below

 

Community Marketing Blog: How To Make twitter A Powerful Networking Tool.

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Advice for Student Entrepreneurs

Posted by: John Tozzi on April 20

Some entrepreneurs who got their start during or shortly after college shared lessons learned this morning at a panel for New York Entrepreneur Week at NYU’s Stern School. My biggest takeaway from the talk: young entrepreneurs need to surround themselves with the right people to succeed. That means co-founders or top employees who complement your strengths and weaknesses, experienced advisors who know the industry and have started companies before, and investors who bring expertise and can guide your company in the right direction.

Despite the mythology of the dorm-room startup founded with your best friend, that may not be the smartest way to build a successful venture as a young, first-time entrepreneur. Your friends are often not the best business partners, in part because they may be too similar to you, says Sergio Fernandez de Cordova, co-founder of Fuel Outdoor Advertising, one of the panelists. “Be careful when you’re doing this with friends,” he says. “70% to 80% of the time, they end up being failed opportunities, and then friendships tend to fall apart.” read full post

Advice for Student Entrepreneurs – BusinessWeek.

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Be aware of the “moment of truth.” That’s when you decide, usually subconsciously, whether you should work or play. By making that choice consciously, you’ll more often choose the productive activity.”

This is a great article on overcoming procrastination that I wanted to share with you.  Procrastination is the number one obstacle to personal development and entrepreneur development.  For example, it is 4am and I can’t sleep due to all my to do items rolling around in my head, I had several choices of how to deal with this; I could lay in bed and try and rationalize myself to sleep, I could go watch TV and distract myself until I fell asleep, or I could go into my office and pump out some blog posts and newsletters.  Clearly I choose the latter, and as I write this I feel more empowered, productive and much less stressed.

Living a sPOWER FULL Life uccessful life whether as an entrepreneur, an employee, or as an individual comes down to those moments in our day when we choose activity over inactivity, when we choose work oveer pleasure.  I agree with Marty, making timely in the moment decisions about how we want to increase our personal development must take place at the conscious level. 

Make it a POWER FULL Day!

Will Corrente – “Helping People Get Where They Want To Go”

specializes in small business consulting, entrepreneur coaching, and individual personal development.  He is an Entrepreneur, Author, Speaker, and Consultant. The author of the “POWER Squared – The Ultimate Entrepreneur Success System”  Visit him at: http://www.willcorrente.com or http://operationentrepreneur.com/Products/

 

 

 

 

 

 

10 Ways to Conquer Your Procrastination – Kiplinger.com.

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A great article brought to you by Will Corrente on networking courtesy of my friend and colleague Pam Cournoyer. This is great advice whether you are trying to increase your personal development, entrepreneur development, or learning the skills to become a better communicator.

3 Must Do’s For Better Networking

The other day I was pressure washing my driveway and when offered a respite, I refused because I was enjoying seeing the instantaneous results of my driveway changing before my eyes from Oregon moss green to almost bright grey. Networking does not usually offer this kind of result every time you talk with someone unless you have a successful strategy.

I’ll define networking as the act of attending an event that requires mixing, mingling, and meeting, greeting, schmoozing and smiling. You may seriously enjoy networking, yet, are you seeing a great return on your investment into this highly capricious scene?

If you are not getting enough return to make it worthwhile financially, then maybe you are interested in learning 3 powerful tips to improve your networking advantage?

Research indicates that only .0025%, that is 1 out of 40,000 people actually enjoy walking into a room full of strangers and initiating a conversation. Do you feel better now?

Nathan Keyfitz, professor of sociology at Harvard states it very plainly; “Personal culture will be of even greater importance for economic success in the future. The most successful people will be those who can communicate and connect better than their peers.” If he is correct, which his position obviously reflects, (wink), then it is time to find a way to communicate and connect better than your peers, don’t you agree?

Developing social skills is one of the best ways to learn this necessary art as well as build and broadcast your personal brand.

The vision of a good networking session is to see and hear the room buzzing with awe and respect about YOU. If people aren’t talking about you (in a good way), you are not newsworthy and if you are not newsworthy, you are not interesting and if you are not interesting, then you are not really a great connector. Think about stretching a bit.

A few ways to get awe without respect:

• Drink too much or dance too wildly
• Dress too casually or provocatively
• Talk too much, push your own agenda too much
• Glue yourself to one person the whole time
• Push your business card into someone’s hand without them asking for it

Each of these actions are remembered and will get the room buzzing; although I’m not sure this is the personal brand you want to build.

What are the 3 Must Do’s for Better Networking?

1. MUST PUT ON YOUR FUN HAT
While no single event is guaranteed to change your life, any single event could. Aren’t we all drawn to those who are laughing, listening and enjoying themselves? We are also drawn to those who approach us. Be sure too, to wear a smile that will disarm the devil himself – it will get the buzz going; everyone loves a genuine smile!

2. MUST TARGET YOUR MARKET
What are you after? Whom do you want to meet? What do you know about them? How can you contribute to them? Do your homework, target your “target market” to meet at this event, you will be impressed and naturally filled with awe and respect for yourself in talking to the people that you can help.

3. MUST BE “PRESENT” TO WIN
You are not present if you are talking to a potential client while checking your phone, scanning the room for “better” prospects, or getting straight to what you do without checking in for the need of the other person.

I’ve listed some strategies that will get people asking for your card:
• Focus all your attention on that single person to whom you are speaking
• Make friendly eye contact
• Generously listen
• Add attentive body language (lean into them, process what they are saying, not what your response is going to be)
• Give them the sense that you have been genuinely waiting all week to meet them.

You will be giving them a wonderful gift, the gift of your complete attention – he or she will truly have awe and respect for you and will tell someone else how great you really are.

Attend your next networking event deliberately, with intention and with purpose. It just might be an entirely different experience to get the room buzzing about YOU!

MAY YOU ALWAYS COMMUNICATE WITH CLASS!

My best to you,
Pamela
pamela@communicatewithclass.com
www.communicatewithclass.com

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Great article about the current economic policy and its long term effects

Racing Toward Disaster – Kiplinger.com.

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