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DIY : Running a Successful Business

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It’s to easy to say "Yes". Make it instead a habit to say "No" by default. You will miss opportunities but it’s better to focus on a handful of things than trying to do everything. This gives you the chance to focus on the important stuff. Tell yourself "The plate is full!". You will reach a point where your plate is full. Don’t ignore this and stop saying yes to everything. It’s okay to say no.

Constraints are another great option to ensure you stay on track and focus on the important. By setting constraints, like working only 10 hours a week on project X, you create an productivity environment. In this environment is no time and place to do non-relevant bullshit tasks. You have to figure out what’s the important stuff, or you will not progress with the project.

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Posted: May 30th, 2011
at 9:28pm by mnp


Categories: business,diy,development,entrepreneurship

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Swanson’s Unwritten Rules of Management

Learn to say, "I don’t know." If used when appropriate, it will be often.
It is easier to get into something than it is to get out of it.
If you are not criticized, you may not be doing much.
Look for what is missing. Many know how to improve what’s there, but few can see what isn’t there.
Viewgraph rule: When something appears on a viewgraph (an overhead transparency), assume the world knows about it, and deal with it accordingly.
Work for a boss with whom you are comfortable telling it like it is. Remember that you can’t pick your relatives, but you can pick your boss.
Constantly review developments to make sure that the actual benefits are what they are supposed to be. Avoid Newton’s Law.
However menial and trivial your early assignments may appear, give them your best efforts.
Persistence or tenacity is the disposition to persevere in spite of difficulties, discouragement, or indifference. Don’t be known as a good starter but a poor finisher.
In completing a project, don’t wait for others; go after them, and make sure it gets done.
Confirm your instructions and the commitments of others in writing. Don’t assume it will get done!
Don’t be timid; speak up. Express yourself, and promote your ideas.
Practice shows that those who speak the most knowingly and confidently often end up with the assignment to get it done.
Strive for brevity and clarity in oral and written reports.
Be extremely careful of the accuracy of your statements.
Don’t overlook the fact that you are working for a boss.
* Keep him or her informed. Avoid surprises!
* Whatever the boss wants takes top priority.
Promises, schedules, and estimates are important instruments in a well-ordered business.
* You must make promises. Don’t lean on the often-used phrase, "I can’t estimate it because it depends upon many uncertain factors."
Never direct a complaint to the top. A serious offense is to "cc" a person’s boss.
When dealing with outsiders, remember that you represent the company. Be careful of your commitments.
Cultivate the habit of "boiling matters down" to the simplest terms. An elevator speech is the best way.
Don’t get excited in engineering emergencies. Keep your feet on the ground.
Cultivate the habit of making quick, clean-cut decisions.
When making decisions, the pros are much easier to deal with than the cons. Your boss wants to see the cons also.
Don’t ever lose your sense of humor.
Have fun at what you do. It will reflect in your work. No one likes a grump except another grump.

.:leadershipnow.com->

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Posted: May 30th, 2011
at 5:39pm by mnp


Categories: business,development

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Who is Simon Sinek?

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.:blog.mycitylives.com->

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Posted: May 30th, 2011
at 5:39pm by mnp


Categories: business,development,blogs,who is?

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Scared in Business

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And now, I am two months in. I am more scared as ever, but I can see the things that scare me now, clearly. I’m still scared by all the red tape, of which I have to take care. I’m still scared of all the lawyers, accountants, guidelines, tax laws, chambers of commerce, customers, competitors and customers that are already involved in my business and who will be involved in the future. And I’ve only scratched the surface. But everything is so clear, now. There’s no voice mocking me for my failure to launch, because I launched. There’s no boss in my face to tell me what to do and what not to do, because I am my own boss. The scare is now in front of me, so I can cope with it. (Source)

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Posted: May 26th, 2011
at 10:52am by mnp


Categories: business

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What is Bitcoin?

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Bitcoin transactions are stored in a globally-readable block chain. Each individual block contains a list of transactions, a proof of work (a partial hash collision that depends in part on the preceding block), a timestamp representing the approximate time the block was created, and some additional information. When a new block is created, 50 bitcoins are added to the account that created the block until the pre-defined limit of 21 million bitcoins is reached. Each new block represents a confirmation of previously stored transactions, making it increasingly harder to revert those transactions. Approximately 126,500 blocks have been created to date. (Source)

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Posted: May 25th, 2011
at 1:14pm by mnp


Categories: business,internets,what is?,trade,innovation

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Behaving Like "The Apprentice" Can Make You Successful?

I watched an episode of "The Apprentice".

For those who don’t know - "The Apprentice" is a UK reality TV show where a bunch of alleged experienced businessmen and women compete in a variety of allegedly business-related tasks to become the "apprentice" to alleged business guru (and, to be fair, successful tycoon) Alan Sugar.

It’s horrifying. "Normal" business practise is presented as a mass of sniping, backbiting, and bullying from Lord Sugar on down. The tasks bear about as much relation to actual business as that dude in the bear suit at your local mall does to an actual grizzly.

And the contenders are both spectacularly odious - sexist, overbearing, pretentious, backstabbing - and incredibly stupid. Stupid to the point that a team of seven of them, in an entire day, couldn’t figure out what a "cloche" was in the context of a posh hotel. (To be fair, they weren’t allowed to use Google, which would have put my personal time on that task up from 30 seconds to, ooh, about 3 minutes).

And yet these guys and girls are all very successful in business. One had made 70k a year whilst studying at the same time. Another ran a not-that-small company.

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Posted: May 21st, 2011
at 10:55am by mnp


Categories: myninjaplease,celebrity,business,tele

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iHub

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Kenya’s first exclusive IT incubation centre marked its first anniversary amid growing interest in tech start-ups and IT innovation in East Africa, with now 3,036 members and the first wave of iHub-fuelled IT products now coming to market in the region. (Source)

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Posted: May 20th, 2011
at 6:51pm by mnp


Categories: web,business,development,internets,entrepreneurship,open source,jobs,innovation

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Puma and the Environment

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Puma has published a paper detailing its impact on the environment, becoming the first major corporation in the world to do so.

The combined cost of the company’s carbon emissions and water used in 2010 was €94.4 million / £82.9 million. The figure included both Puma itself and its suppliers.

The sports and leisure group said that they expected the report to help it build "a more resilient and sustainable business model" and to prepare for environmental taxes that could potentially occur in the future.

Puma’s chief executive Jochen Zitz said at the launch of the environmental profit and loss accounts: "Sustainability is essential to the health and future of our business. The business implication of failing to address nature in decision making is clear - since ecosystem services are vital to the performance of most companies, integrating the true cost for these services in the future could have significant impacts on corporate bottom lines." (Source)

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Posted: May 17th, 2011
at 2:52pm by mnp


Categories: green,clothes,business,gear,development,innovation

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The Great Web-Reality Divide

A couple years ago Tim O’Reilly invited a Web 2.0 expo audience to "stop throwing sheep" and start doing something worthwhile. More recently, a post with the title America Lacks Meaningful Innovation went so far as to question the ability and willingness of American companies (particularly web companies) to be innovative.

Nearly three years on and today we’re throwing birds instead of sheep. Damn angry ones for that matter. Nevertheless, the point could be made that we’re still throwing animals instead of doing something supposedly worthwhile (as a typical web startup isn’t exactly revolutionizing health care, the energy industry, the environment, or other highly important areas for the future of civilization).

It could be argued however that entertainment is an important part of life. Granted entertainment doesn’t do anything as necessary and urgent as curing cancer, but it isn’t as though the expectation that every entrepreneur should focus on such a noble and almost unattainable problem is there either. Furthermore, innovation can - and does - happen even in places where you don’t expect it.

.:programmingzen.com->

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Posted: May 16th, 2011
at 6:24pm by mnp


Categories: web,business,mnp is for the children,development,entrepreneurship,innovation

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