The Value of Facetime!

FacetimeCommunication, in itself, is a form of expression… communication between two people – well, that is an art!  I think people tend to underestimate how important effective communication is, regardless of the topic, in ensuring understanding between all those involved.

At times, speaking to people can be challenging for a myriad of reasons. Layer on a topic sensitive in nature or frame the conversation around a tense situation, and suddenly your intent of that straightforward talk doesn’t play out as you originally thought.

So, what’s the best way to have this “type” conversation?

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Know Thy Customer!

Of the many, many, many questions entrepreneurs must ask themselves, one of the most critical is “Who is my customer?”  Without understanding who your customer is, you cannot begin to perform other important tasks such as market research, building a value chain, conducting user experience studies, buyer behavior analysis, cost of acquisition information, etc.  Heck – if you haven’t determined who your customer really is – why are you even getting into business?

So…who is your customer?

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The Formula for Power

power = f(dependance)

Power is a function of dependence.

The more someone depends on you, the more power you have over them.

With great power comes great responsibility.

The Law of “The Process”

I was introduced to the “Law of the Process” by John Maxwell – respected management and leadership guru through his book (which I highly recommend for anyone interested in this subject matter), the 21 Irrefutable Laws of Leadership.  Of the many valuable lessons contained within the book, one of the most important in my opinion is, in fact, the Law of the Process.

With reference to the book, it places the law strictly in the context of leadership.  However, to extrapolate the meaning behind the law – you’ll understand that it’s widely applicable to many facets of life.

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The Law of the “Hole”

it is inevitable that throughout the course of our lives, we will find ourselves in situations that potentially started out small, but through poor decision making, ends up becoming a much bigger issue.  In essence – we basically dig ourselves into a hole. 

So, the next time you find yourself in a hole – STOP DIGGING!

Six Steps to Screening Your Next (ad)Venture!

So you are finally ready to take that leap of faith and make the surest best you can – on yourself, by starting your own new venture!  Congratulations, because for many, this is a huge step and making the decision itself, often, is the biggest hurdle to overcome!  It takes courage, determination, and most importantly, reconditioning your vocabulary and altering your definition of success.

So, with all the ideas that you have, or are presented to you, what process will you go through to filter what you believe is the right next (ad)venture for you?

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Definition of Success

For those of you who know me, my definition has been shared on numerous occasions.  Granted, it is not the “traditional” definition that many people are used to but, after hearing it and processing what it means, its concept is widely applicable to many facets of your life.

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Top 5 Questions for New CEOs

Which market are you going to go after?

Who are the four people you are going to get to help you?

The Potential of “Something”

If you have something that’s useful, something that you can make possible, its success will be inevitable! | (Useful + Possible = Inevitable)

Re-Innovating Your Business!

Innovation, whether most people think about it or not, is a key component to business.  It can not only lay the (new) foundation for which your business will be built upon, it can also re-energize your existing business and take it to new levels!

Apple, as an example, which traditionally was a hardware/software company, re-innovated the entire music industry around the launch of its new product – the iPOD.  Not only did the iPOD become a cultural phenomenon, it became the foundation for innovation within the company towards other products like the iPhone, iPad, and more.  At $356/share for Apple stock – it’s clear that innovation is a key ingredient to the company’s success.

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