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Add You - Einstein - Definition of Insanity
Engage! Tapping Potential Through Understanding Motivation witch rather than how much they are losing. These owners become unsure and wonder if the investment today will pay off tomorrow. To those owners, how much will it cost you not to switch? Do you even know? Is it one, three, possibly five jobs a day? Do the math. How much money/time is lost due to inefficiencies such as faulty estimates, under/over-priced jobs, or lost invoices.“People who are unable to motivate themselves must be content with mediocrity no matter how impressive their other talents.” -- Andrew CarnegieIn the workplace there is a tremendous opportunity to tap unused potential and resources. Unleashing some of this hidden power is the challenge organizations and individuals face in today’s world of increased competition. To get individuals cognitively, physically, and emotionally engaged in their work is a worthwhile goal for all organizations. Almost all individuals have an innate desire to do well and to excel in their endeavors. The challenge then is not in creating a desire but in understanding motivation and what creates it.Motivation comes from the root word “to move” and can be defined as the emotions, wants, needs and beliefs that drive a person’s behavi Ask yourself, how long can a company continue to compete if they are not being as efficient as their competition? If companies choose to stay with the same system they have been using for years and reject change are they, in essence, choosing to sacrifice future profits? $100,000 a Year One company in particular that we spoke with was losing 4 orders per week to their competition. Since only one perso Should You Become a Realtor? Insanity in the Sign & Graphics IndustryHave you asked yourself that question lately? I did and I decided the answer was yes. Let me tell you what led up to it.I have been using realtors to purchase some of my investment properties. The Multiple Listing Services can be a great place to find properties, and one has to be a licensed realtor in the US to access them. I’m not sure what the laws are in other countries, so this discussion will be of only the US.Each time I buy a property, the realtor collects almost 3% at the closing, and in order to sell properties quickly, I also list with a realtor and pay almost 6%. I always assumed it was a real pain to go through the process to become a realtor, and besides, I am a real estate investor – why would I want to be a realtor?A realtor that I used where I live in Boulder told me I should get my license just to in Einstein’s Definition Albert Einstein once said “The definition of insanity is doing the same thing over and over again and expecting different results”. Think about this quote for a second and ask yourself, does this quote apply to the way you run your company? Have you been doing the same thing over and over again expecting different results? If so, then you might want to keep on reading. In a world where technology is becoming a key productivity tool to the success of any business, it simply comes down to, are you accepting and harnessing technology or rejecting it. Are you willing to change or will you do the same thing over and over again? T Here are two main reasons why I pose this question. First, many shop owners today have trouble understanding how new technology, specifically software, can become a major benefit to their business, and second, owners have trouble measuring the profits they are losing by rejecting this technological change. Have you ever rejected technology? “If It Ain’t Broke Then Don’t Fix It!” Mentality Are you expecting to increase profits by continuing the same business strategy year after year? If so, how long do you think the method will work? Many shop owners simply do not see the need to update or change their current method. They believe that there is no need to invest in a new method when the old one still seems to work fine. This is the common, “If it ain’t broke then don’t fix it!” mentality. Well, I hate to be the one to say it, but just because something isn’t “broke” doesn’t mean you can’t make it work better. When new technology such as software, could save you large amounts of time & money, how can you not accept it? In an industry where there is an increasing level of competitiveness, shop owners must take advantage of every method available to help them cut costs. Would a commercial printer looking to grow their business, limit their shop to just a one color press? Sure they can continue to operate with a one color press, but wouldn’t a two or four color press help expand their business into other areas more effectively. In this example the current method works, but a technological change would help increase the company’s ability to grow. Exploring these other areas help companies to sustain and increase profits. Without accepting new technology, shop owners greatly limit their profit potential. By using the power of technology to make their business practices more efficient owners can continue to achieve their goals. Are You Sacrificing? A lot of shop owners that we talk with have a hard time visualizing the amount of money they are losing, or in actuality, the amount of money they are giving to their competition, due to inconsistencies in the work flow process. These shops feel they are doing well with the system they currently have in place and do not see the need to change to a new method. This lack of vision can cause owners to limit their future profits. On the opposite side, the owners that do see a need for change begin to focus more attention on how much money it will cost to make the switch rather than how much they are losing. These owners become unsure and wonder if the investment today will pay off tomorrow. To those owners, how much will it cost you not to switch? Do you even know? Is it one, three, possibly five jobs a day? Do the math. How much money/time is lost due to inefficiencies such as faulty estimates, under/over-priced jobs, or lost invoices. Ask yourself, how long can a company continue to compete if they are not being as efficient as their competition? If companies choose to stay with the same system they have been using for years and reject change are they, in essence, choosing to sacrifice future profits? $100,000 a Year One company in particular that we spoke with was losing 4 orders per week to their competition. Since only one person How to be a Successful Property Developer day have trouble understanding how new technology, specifically software, can become a major benefit to their business, and second, owners have trouble measuring the profits they are losing by rejecting this technological change. Have you ever rejected technology?Making money as a property developer can be both lucrative and personally rewarding. However, to be successful, it is important to apply certain specific techniques. In this article we shall share some key tips to help you become a successful property developer.The first step in any property development project should be to research the market. A good way to do this is to get in touch with local estate agents to get an idea of the type of property that is most popular in the area you are interested in and the average selling price.The estate agents will be able to tell you what type of person goes for what type of property and what current trends in the area are. This information will enable you to ensure that the property you develop meets the needs of the market you are targeting.You will also be able to get useful data “If It Ain’t Broke Then Don’t Fix It!” Mentality Are you expecting to increase profits by continuing the same business strategy year after year? If so, how long do you think the method will work? Many shop owners simply do not see the need to update or change their current method. They believe that there is no need to invest in a new method when the old one still seems to work fine. This is the common, “If it ain’t broke then don’t fix it!” mentality. Well, I hate to be the one to say it, but just because something isn’t “broke” doesn’t mean you can’t make it work better. When new technology such as software, could save you large amounts of time & money, how can you not accept it? In an industry where there is an increasing level of competitiveness, shop owners must take advantage of every method available to help them cut costs. Would a commercial printer looking to grow their business, limit their shop to just a one color press? Sure they can continue to operate with a one color press, but wouldn’t a two or four color press help expand their business into other areas more effectively. In this example the current method works, but a technological change would help increase the company’s ability to grow. Exploring these other areas help companies to sustain and increase profits. Without accepting new technology, shop owners greatly limit their profit potential. By using the power of technology to make their business practices more efficient owners can continue to achieve their goals. Are You Sacrificing? A lot of shop owners that we talk with have a hard time visualizing the amount of money they are losing, or in actuality, the amount of money they are giving to their competition, due to inconsistencies in the work flow process. These shops feel they are doing well with the system they currently have in place and do not see the need to change to a new method. This lack of vision can cause owners to limit their future profits. On the opposite side, the owners that do see a need for change begin to focus more attention on how much money it will cost to make the switch rather than how much they are losing. These owners become unsure and wonder if the investment today will pay off tomorrow. To those owners, how much will it cost you not to switch? Do you even know? Is it one, three, possibly five jobs a day? Do the math. How much money/time is lost due to inefficiencies such as faulty estimates, under/over-priced jobs, or lost invoices. Ask yourself, how long can a company continue to compete if they are not being as efficient as their competition? If companies choose to stay with the same system they have been using for years and reject change are they, in essence, choosing to sacrifice future profits? $100,000 a Year One company in particular that we spoke with was losing 4 orders per week to their competition. Since only one perso Advertising? Consider Product Life Cycle and Customer Buying Habits g isn’t “broke” doesn’t mean you can’t make it work better. When new technology such as software, could save you large amounts of time & money, how can you not accept it?When you create advertising for small businesses, consider both the life cycle of your product or service along with customer buying habits.Today, both sellers and buyers alike want fast results. You should recognize that the actual process of turning your prospects into customers still takes time. Buying cycle times may be shorter today, but the process still exists. People often buy according to their past purchasing habits and patterns. These habits can be hard to change.Classic marketing theory details the life cycle of a product or service as(1) introduction,(2) growth,(3) maturity,(4) decline, and(5) phase-out.In other words: when it's(1) New,(2) Rapidly Accepted,(3) The Industry Standard,(4) Fading, and(5) Hard to Find.Furthermo In an industry where there is an increasing level of competitiveness, shop owners must take advantage of every method available to help them cut costs. Would a commercial printer looking to grow their business, limit their shop to just a one color press? Sure they can continue to operate with a one color press, but wouldn’t a two or four color press help expand their business into other areas more effectively. In this example the current method works, but a technological change would help increase the company’s ability to grow. Exploring these other areas help companies to sustain and increase profits. Without accepting new technology, shop owners greatly limit their profit potential. By using the power of technology to make their business practices more efficient owners can continue to achieve their goals. Are You Sacrificing? A lot of shop owners that we talk with have a hard time visualizing the amount of money they are losing, or in actuality, the amount of money they are giving to their competition, due to inconsistencies in the work flow process. These shops feel they are doing well with the system they currently have in place and do not see the need to change to a new method. This lack of vision can cause owners to limit their future profits. On the opposite side, the owners that do see a need for change begin to focus more attention on how much money it will cost to make the switch rather than how much they are losing. These owners become unsure and wonder if the investment today will pay off tomorrow. To those owners, how much will it cost you not to switch? Do you even know? Is it one, three, possibly five jobs a day? Do the math. How much money/time is lost due to inefficiencies such as faulty estimates, under/over-priced jobs, or lost invoices. Ask yourself, how long can a company continue to compete if they are not being as efficient as their competition? If companies choose to stay with the same system they have been using for years and reject change are they, in essence, choosing to sacrifice future profits? $100,000 a Year One company in particular that we spoke with was losing 4 orders per week to their competition. Since only one perso Are Real Estate Agents Going the Way of the Dodo? epting new technology, shop owners greatly limit their profit potential. By using the power of technology to make their business practices more efficient owners can continue to achieve their goals.Some 30-odd years ago, MLS listings were printed on small cards that fit in shoeboxes, and Realtors were their gatekeepers. Thanks to the Internet, agents as well as consumers have access to all kinds of information. As a result, real estate firms are changing the way they interact with customers and reevaluating their roles in the age of information. "Whereas before clients depended on Realtors for information, they're now finding their own information and then coming to us for services," explains Chee, CEO of Prudential Locations. "That's meant a lot of changes for the industry and has made the job of a Realtor much, much more complex." Around 1995, when the Internet first hit real estate, it was the kickoff of consumers getting much more involved in the transaction, because it brought more information to the customers. Are You Sacrificing? A lot of shop owners that we talk with have a hard time visualizing the amount of money they are losing, or in actuality, the amount of money they are giving to their competition, due to inconsistencies in the work flow process. These shops feel they are doing well with the system they currently have in place and do not see the need to change to a new method. This lack of vision can cause owners to limit their future profits. On the opposite side, the owners that do see a need for change begin to focus more attention on how much money it will cost to make the switch rather than how much they are losing. These owners become unsure and wonder if the investment today will pay off tomorrow. To those owners, how much will it cost you not to switch? Do you even know? Is it one, three, possibly five jobs a day? Do the math. How much money/time is lost due to inefficiencies such as faulty estimates, under/over-priced jobs, or lost invoices. Ask yourself, how long can a company continue to compete if they are not being as efficient as their competition? If companies choose to stay with the same system they have been using for years and reject change are they, in essence, choosing to sacrifice future profits? $100,000 a Year One company in particular that we spoke with was losing 4 orders per week to their competition. Since only one perso Incorporate Online witch rather than how much they are losing. These owners become unsure and wonder if the investment today will pay off tomorrow. To those owners, how much will it cost you not to switch? Do you even know? Is it one, three, possibly five jobs a day? Do the math. How much money/time is lost due to inefficiencies such as faulty estimates, under/over-priced jobs, or lost invoices.Businesses can be incorporated online. Incorporation can be done filing papers and handing over the forms to the office of the Secretary of State where they will be incorporated. It can be done by the applicant or by a lawyer. If you chose to do it yourself, online medium offer a fairly easy way. There are intermediaries who will do if for you, but you must keep in mind that they are just service providers and don’t offer any legal advice.There are many of service providers on the Internet who provide incorporation services. The services include filing the papers, providing registered agents for those states where the business is to be incorporated, name checking and final delivery of the documents. The charges include state filing fees that vary from state to state and service and shipping charges. If the incorporation process has to b Ask yourself, how long can a company continue to compete if they are not being as efficient as their competition? If companies choose to stay with the same system they have been using for years and reject change are they, in essence, choosing to sacrifice future profits? $100,000 a Year One company in particular that we spoke with was losing 4 orders per week to their competition. Since only one person in the shop was able to estimate, it was taking days to get quotes to customers, therefore forcing their clients to seek, and eventually accept bids from competing companies. When this company finally analyzed their method and applied a dollar amount to the loss, they estimated they were losing around $100,000 in revenue a year. Amazing right? What would 4 orders a week cost you? Or if you could accept 4 more orders a week, what would you do with the extra profits? How does a company like this one miss out on a $100,000 opportunity? Simply put, insanity, the Einstein definition. It’s not Just Estimating Companies are not just losing profits due to faulty estimates; they’re also losing profits due to a lack of follow up, or customer management. When sending estimates out to potential clients, how often do companies remember to follow up with them? With the constant chaos that shop owners experience on a daily basis, this follow up process can become an aspect that is quickly forgotten, especially if the current estimating system doesn’t include this integration. How much can a company increase their “win” rate for estimates by placing follow up calls to all customers with estimates outstanding? By using a powerful integrated estimating and business management software, like Cyrious, company’s are able to create reminders that will tell employees who to call, when to call, and why, automatically. It keeps all customer, contact, and order information together in one place and increases the ability to save time and builds customer relationships essential to business growth and expansion. Adapting to Change By adapting to change, and accepting and harnessing technology, shop owners who use Cyrious Software have become more efficient and profitable. Cyrious helps owners solve a variety of different frustrations. Whether you’re an owner who is frustrated with estimating because it takes up too much time or one that is annoyed that orders keep getting lost and misplaced, Cyrious has a solution. Cyrious helps put an end to the lack of integration by providing the power of multiple software systems in one (estimating, accounting, job tracking, customer management, etc.). No company is happy about losing customers due to late quotes or losing money because parts are omitted from estimates and orders. When owners understand the amount of time and money a different method can save them, the switch to powerful software like Cyrious is simple. Is it time for you to explore different methods to increase sales & profits, and make your business more manageable? For More Information on Cyrious Software go to http://www.cyrious.net, call 1-800-552-1418 , or email info@cyrious.net
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