Showing posts with label business questions. Show all posts
Showing posts with label business questions. Show all posts

Tuesday, July 21, 2009

Why Follow?

Yesterday's blog was aimed at managers that fail to lead. Today we ask why are most managers ineffective leaders. There are three primary reasons for this.

  • Leadership traits must be learned

The traits of a leader can be picked up as a child but nonetheless they must be picked up. People do not naturally know how to cope with those placed under their watch. However, observation is probably the best teacher of leadership principles.

  • Colleges produce followers

I learned a lot in college. But how to lead people through the trenches of business comes from the school of hard knocks. In editing my book, The Six Common Small Business Failures, I found that college grads are limited in their view of how to write, talk, and think in business. It was as if their is only one way of expressing one's self. This strict approach to business makes 'like-minded' thinking possible. Colleges teach us how to please our leaders (professors, then bosses) by any means neccessary. Friction usually rises in business settings where college grads and common employees attempt to work together. The college grads conform to company standards while common workers tend to use common sense.

  • Organizations like followers

It is well known that upper management will make the key decisions. I do not have a problem with that at all. But, the input of every employee should be sought after. This is not the case however. Mid-level managers squash the enthusiasm of common employees by not listening to them. Listen leaders, every person wants to be listened to! A fancy title doesn't make an idea better. Ideas for innovation can and do come from the wierdest places (and people)!

True leaders are not scared of being 'outsmarted' by their staff. Leadership wants the best for their organization, period. Business failure can be avoided but it takes a team dedicated to success; not just a group of followers.

Frederick Jones

Noverhead Publishing

www.donotfail.info

www.fredjonesletstalkbusiness.blogspot.com

fredvjones37@hotmail.com

Tuesday, July 14, 2009

What About The Very Small Business?


Business magazines love to brag about how they are the voice of small business. But we must have different definitions of the word small. They focus on subjects such as payroll financing, venture capital, headhunters, and TV ad campaigns. What about the 'micro' businesses? You know, the one employee, mom and pop operation looking for advice and camaraderie.
Well, this is where I can help. My book, The Six Common Small Business Failures, as well as this blog was created to help the 'micro' companies compete and grow.
I want this blog to be an interactive destination for us - the very small business owners. Far too often we are talked to as if we are dumb. We get simple 'how to' babble while the more established entrepreneurs get legitimate insight and thoughtful written conversation. We only get told what to do while the big guys are asked, consulted, or suggested to.
My vision for this site is to use our energy to spark great conversations - the ones that add value to our businesses and our lives. So spread the word that we have a refuge - a place for the very small business leaders!

Wednesday, July 8, 2009

Ready To Succeed


A few weeks ago, I put together a PowerPoint presentation just in case any speaking engagements came my way. Well, one lunch with a prominent leader led to two invitations to speak about my book, The Six Common Small Business Failures...and how to avoid them! - one of which I cannot attend. Nevertheless, I would be in trouble if I had not prepared myself (my mind particularly).
Today's message is to be ready for opportunities. Positive thinking helps us to see the need to be ready even if the phones are silent and the Inbox is empty. Great leaders use idle time to prepare for the busy times. Honestly, I do not know if I am or ever will be a great leader. All that I try to do is imitate great leaders and good things happen. To learn more about champions - or great business leaders, be sure to purchase my book at www.donotfail.info.
Frederick Jones

Tuesday, July 7, 2009

Planning Is Free!



People often look at me strangely because I research business ideas with many questions unanswered. Questions such as
  • Can you get financed for this venture?
  • Do you have the ability to operate this business?
  • Where would you find staff members for such a strange operation?

It is good to plan with a creative mind. Currently, I am researching a opportunity that would involve millions of dollars. No worries. It is not costing me a dime to jot down my ideas, ask a few questions, or create "what if" scenarios.

Don't let naysayers discourage your creativity. Good plans, like good companies, can stand the test of time. So if it takes ten years before an idea becomes a reality, so be it! Besides, planning can be a fun way to stimulate your brain while working a boring yet well paying job.

Frederick Jones

Noverhead Publishing

www.donotfail.info

www.fredjonesletstalkbusiness.blogspot.com

fredvjones37@hotmail.com

Thursday, July 2, 2009

Do You Make This Marketing Mistake?

You have the right product. The research has been done and the findings are promising. You have defined your target market and you know just how to reach them. Yet something is terribly wrong. Marketing is the process in which we figure out how to put our offerings in the proper place for consumers to react to them. Several mistakes are made during this courtship. But there is one mistake that is made over and over again yet is so preventable.

What is the mistake? Simply put, we do not listen to our customers. We talk about everything from innovations to affordability. But we do not appreciate the words of wisdom given to us daily by the very people who keep us in business. In my book, The Six Common Small Business Failures, arrogance is discussed in detail. Arrogant behavior does not allow us to listen because we think that we know it all. Businesses exist to fulfill needs. And the best way to understand the needs of our customers is to listen to our customers. Listening is an admirable and humble trait.

But it does not stop at the customers. We have to listen to market conditions as well as our own knowledge gained from previous shortcomings. Listening to our mentors, advisors, and most importantly, our God is necessary for business success also. We can be keenly aware of our best next move if we only listen.

We have two ears so let’s use them. We should listen in an attempt to relate to others. Building relationships is the backbone of business growth. I can listen and learn from my customers (you!), so contact me via email at fredvjones37@hotmail.com.


Frederick Jones
Noverhead Publishing
www.donotfail.info
www.fredjonesletstalkbusiness.blogspot.com

Wednesday, July 1, 2009

When Will The Recession End?



When will America officially emerge from the current recession? I wrote an article on this subject in January, 2009. This article concentrated on who will lead us out of this economic downturn. In addition, The Six Common Small Business Failures reminds us that temporary situations should not ruin businesses. Proper planning encourages leaders to operate within proper financial parameters, thus preparing the business for hard times. For the record, poor planning is Failure #1 in my book!

I don't know when we will emerge from this mess. I think that it will be sooner rather than later. My job is to be prepared for opportunities that present themselves to me as well as my company, Noverhead Publishing. I hope that you do the same.

Thank you for your time. Please keep the comments and emails coming.

Frederick Jones

www.donotfail.info

www.fredjonesletstalkbusiness.blogspot.com

fredvjones37@hotmail.com

Monday, June 29, 2009

Business Questions



Do you know what would be a good idea? If we could have a great Q and A session on Friday July 3, 2009. So here it is - our chance to interact. Questions can be based on any business and/or leadership subject. For example, business failures are of interest to me so that would be a good start. In my book, The Six Common Small Business Failures, I spoke on the importance of a business plan. However, a question comes to mind.

"Who should the business plan be written for?"

Email your question to fredvjones37@hotmail.com or leave them in the comment section.

Frederick Jones

Noverhead Publishing

www.donotfail.info

www.fredjonesletstalkbusiness.blogspot.com