Starting your own business is filled with risks, challenges and unexpected problems. Yet for those who take action and actually start there own business there is the potential for so many rewards. Theres the pride of ownership. Theres the freedom of being your own boss. Theres the potential to make big profits. The list goes on. For those opening a dollar store there are certainly plenty of opportunities for reward. Yet there are many...more
Despite the worsening conditions of our economy, quick-thinking individuals still manage to find success in opening niche, but profitable businesses. These businesses prove not only to be very financially rewarding, but they also have the ability to elevate the status of the people who make the decision to take their life into their own hands.So if you've been feeling like something's not quite right in your career life - or you'd just love to be...more
Sounds too good to be true doesnt it? Believe me its not. I know firsthand its my real life story and now I coach other people to hit goals they never dreamed possible! Herere the facts: In less than a year I went from 0 (actually less than zero, I had debt) to a new sports car, a newly furnished beautiful home, and yes, a trip to Disneyland! Its a very simple method I developed and Im going to give you the Coles notes version to do it for yourself!Early in my career I had achieved a good financial status by applying my own brand of goal achievement, time management, and sales 101. My results were good, I was comfortable and not motivated to work any harder, I was enjoying life! Then came the moment my life changed dramatically and I lost everything! Needless to say I was now motivated to produce some different results! I had to make money fast, pay off debt and find a home. This opportunity set me up for a lifetime. (At the time it was an opportunity I would have gladly passed on!) Heres how I quickly got results. Its a very simple and easy plan that works for me and our clients:1. Create a crystal clear objective of the goal you want and steps of how to get there....more
Due diligence is an essential step in real estate investment. After selecting the property type and geographic location, the investor needs to ascertain he has accurate information regarding the physical asset, financial performance, tenant base and future prospects for the subject property. Due diligence helps the investor accomplish those tasks....more
Truly Great Leaders expect maximum productivity from everyone!In High Performance Teams absenteeism is very low, productivity is high, and people are busy doing what they should be doing to contribute, they are entirely relaxed about the leader and see him or her as part of the team, rather than the Commander.Dictatorial leadership, or assuming the...more
All project management is risk management (Eric Verzuh)Risk management is an essential activity in any project or organisation. Risk is defined by M_o_R (Management of Risk, the OGC risk management methodology) as uncertainty of outcome. A risk manager is concerned with managing the risks (uncertain issues and incidents) that, were they to occur, would affect the product or services that an organisation sets out to deliver.The M_o_R framework highlights three basic steps to effective risk management that can be applied within an organisational or project context: IdentifyThe first step of risk management is risk identification. This includes naming and describing any risk that might affect the achievement of objectives, to ensure that there is a common understanding of these risks among all appropriate individuals involved in the organisation or project activity.Techniques for identifying risks will differ according to the size and structure of the organisation, the nature of the activity or project and the experience of the risk management team. For example, risk management within a small software organisation may involve brain-storming and discussing potential risks to the...more
Every activity and situation carries risks. Whether you are launching a new project, providing ongoing services or heading a strategy for widespread organisational change, thorough and effective management of the risks involved is essential to ensure...more
Amid the frenzy of homeowners facing foreclosure, potential buyers struggling to obtain loans and banks, lenders and realtors trying to stay afloat, I feel like there are lots of questions that no one is asking! Correction, the regular guy on the...more
For many people the thought of using an online e-currency can be a scary thing. We have all heard the horror stories of people being scammed and money being stolen by dishonest companies, but there are some companies out there that have worked hard...more
Are You NutsThat was the response I received from the first client I spoke with a few days after opening our doors for business. The husband and wife were questioning my sanity because I was suggesting that the time was right to be investing in a...more
What comes in to your mind when you mention the word investing? Do you think of putting your money in insurance, mutual funds, the stock market or even high-yield investments? Does it make you think you need to learn how to invest in stocks or real...more
Entity layering is a key concept in risk management. It is like the layers of an onion. The outside of the onion is the toughest layer and there are many layers to the onion. As soon as you peel that first layer back, a chemical reaction begins,...more