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  • Add You - 10 Tips to Avoid 'Bandwagon Business'

    Project Managers Must Unleash Creativity
    Creativity and innovation are magic wands. They endow projects with enhanced performance. After all, two fundamental PMI qualities of all projects, progressive elaboration (iterating from concept to final deliverables) and the fact that all projects produce unique results, demand that project managers foster as much creativity as possible.Apply techniques that combine left and right brain logic and creativity.Reframing: This technique requires you to ask questions about your project which will lead to new frames of references to old problems. Questions asked may include: (a) What are the obvious realities of a situation and how can they be changed? (b) What are typical complaints? (c) What ideal situation do we seek?Force Field Analysis: This method consists of identifying forces which
    ted, this will detract from your success, and will prove very costly. Don’t underestimate this. This is one of the biggest reasons for ‘bandwagon business’ - people become easily led away from what they are doing - with the lure of ‘greener pastures’.

    8. Get committed.

    …and stay that way. The initial levels of enthusiasm are normally quite high, but then gradually taper away over time. Interest wanes, activity drops off, before you know it, you are spending less and less time on your business. That’s when the next ’easy option’ seems tempting. You can develop a vicious circle of doing this repeatedly online - back to the bandwagon jumping routine. Stick with it. Commit to it.

    9. Do the Stock Market.

    No - not literally. But you must INVEST - that is paramount. But before you grab your Credit Card and send it into meltdown mode - this isn’t necessarily all about money. The biggest and most vital investment to make, is your time, your energy, your enthusiasm - and you must regularly invest - keep topping it up, just like a Pension Plan or your Retirement Fund. You gotta keep adding to it. Although money will come into the eq

    The Reality About Customer Relationship Management (CRM)
    While Customer Relationship Management (CRM) technology has promised much, the reality for many has been disappointing. Industry analysts estimate 50-60% of implementations fail, or produce marginal return on investment. Our exposure to small and medium enterprises (SME) suggests that this rate may well be significantly higher. The irony is that the problem lies less with the technology itself (though that may receive much of the blame), but in much more easily addressed flaws in the way that organizations approach and implement CRM projects.CRM technology should help organizations generate more leads, convert a higherproportion of them, and retain customers longer through enhanced service, and more profitably through the more effective promotion of additional products and services.CRM
    Firstly, we have to define exactly what ‘Bandwagon Business’ means. If you are familiar with my various articles, you will know that I often use common phrases or sayings in support of my argument / points.

    This is no exception!

    Here, the phrase is ‘jump on the bandwagon’ - meaning to get involved with the latest venture / fad / craze / in order to make money, achieve an element of success or just simply to appear ‘cool’.

    In the business sense, I am relating to the frequently changing developments, niche opportunities, schemes, incredible new ventures………….

    What is clearly apparent, in particular in the online world - or the internet as we all know it, is the vast numbers of people who seem to jump from one bandwagon to another, with intense frequency, that you may be left thinking they have surgically attached springs to their feet.

    Unless you are VERY lucky indeed, this process will not work for you. Here are my Top Ten Tips to Spot / Avoid this problem of epidemic levels…….

    1. Decide on your identity.

    In the very simplest of senses, there are two main categories of people online looking to make money. Those who are plain and simple ‘opportunity seekers’ - looking to make money from some ‘get rich quick’ scheme’….. Doublers, Triplers, Gifting Programs, Money Matrixes…..

    Then, there are those who are seeking to create their own online business. A real business.

    If you are the former (opportunity seeker) - be warned. Most of these schemes FAIL…… period…. End of Story. FACT.

    If you are really looking to create an online business - this is vastly different. It may take a great deal more time, energy, work, involvement, commitment, focus… and perhaps even investment - but it’s a business - a real business - not an empty pot of false promises.

    So, decide which one you want to be - and stick with it.

    2. Don’t undervalue yourself.

    It is often said, that they key to your success, lies inside you. You may not know it, or have realised it….. but it’s there. Everyone has weaknesses - so focus on your strengths in the main, and quietly develop areas in which you are a little less strong…… and gradually turn them into more positives.

    3. What are your expectations?

    Define clearly to yourself, exactly what it is that you want from your online activities, and what you expect to achieve. Be realistic. Although the internet is FULL of claims of people can make a fortune ‘overnight’ - it simply isn’t so. If you have never made money online, set a target to reach just $500 to start with.

    Once this is achieved and sustained, increase your target to $1000 - then later $2000 per month….. then afterwards raise your target to $4000 per month….. and so on…… Start small….. work from there, and gradually increase your expectations only when you have achieved your first targets. You WILL find this works far more effectively than expecting to make $250,000 a year online within a week. Most people soon realise that they won’t be millionaires in a few weeks with their ‘program’ - so off they go looking for the next one.

    4. Believe in it.

    Have faith in your business, your product or your service. Sell yourself, sell the idea or concept first - if you truly believe in it, the persuasive powers of this will provide you with 90% of your success. If you don’t honestly have faith in your business or product - before you know it, you will looking for the next bandwagon to jump on.

    5. Is your r?sum? / CV 56 pages long?

    In the offline ‘real world’, just how often do you change job? Every month? I doubt it! But online, people change their direction or business with more frequency than an 8 week old baby goes through diapers. If you were an employer interviewing a candidate for a position are your company - and they presented you with their r?sum? or CV showing they had already had dozens of positions in a short period of time, what would that tell you?

    That they are very experienced?… I don’t think so.

    6. Fairytale? Storyland?

    Treat your online business like real business….in fact, it IS a real business, or at least that is how you should consider it. Work at it like a Hans Christian Anderson story, and there won’t be any ’Happily Ever After’. One of the BIGGEST reasons why people jump from one opportunity / business to another, is simply because they don’t treat it seriously. If you consider it to be a little fun - fair enough, but don’t expect much in return.

    7. Blurred vision?

    In other words….. FOCUS. If you don’t concentrate, or you become easily distracted, this will detract from your success, and will prove very costly. Don’t underestimate this. This is one of the biggest reasons for ‘bandwagon business’ - people become easily led away from what they are doing - with the lure of ‘greener pastures’.

    8. Get committed.

    …and stay that way. The initial levels of enthusiasm are normally quite high, but then gradually taper away over time. Interest wanes, activity drops off, before you know it, you are spending less and less time on your business. That’s when the next ’easy option’ seems tempting. You can develop a vicious circle of doing this repeatedly online - back to the bandwagon jumping routine. Stick with it. Commit to it.

    9. Do the Stock Market.

    No - not literally. But you must INVEST - that is paramount. But before you grab your Credit Card and send it into meltdown mode - this isn’t necessarily all about money. The biggest and most vital investment to make, is your time, your energy, your enthusiasm - and you must regularly invest - keep topping it up, just like a Pension Plan or your Retirement Fund. You gotta keep adding to it. Although money will come into the equ

    Recruiting And Hiring Young Workers - Six Steps for Success
    Young adults these days are not just worried about hiring for a degree-related job post graduation; they are increasingly concerned with field-related summer and semester internships. Interestingly enough, many of these young adults are students currently enrolled at universities and colleges around the nation and are eager to apply their newly-acquired skill set to the real world.For businesses, recruiting and hiring summer interns can result with a fairly inexpensive, educated, part-time labor force. And for young adults, taking a summer internship will yield substantial business knowledge, the application of school work, and importantly: resume development. It's a win-win situation.So what types of ways are successful businesses recruiting and hiring these potential employees?
    ey. Those who are plain and simple ‘opportunity seekers’ - looking to make money from some ‘get rich quick’ scheme’….. Doublers, Triplers, Gifting Programs, Money Matrixes…..

    Then, there are those who are seeking to create their own online business. A real business.

    If you are the former (opportunity seeker) - be warned. Most of these schemes FAIL…… period…. End of Story. FACT.

    If you are really looking to create an online business - this is vastly different. It may take a great deal more time, energy, work, involvement, commitment, focus… and perhaps even investment - but it’s a business - a real business - not an empty pot of false promises.

    So, decide which one you want to be - and stick with it.

    2. Don’t undervalue yourself.

    It is often said, that they key to your success, lies inside you. You may not know it, or have realised it….. but it’s there. Everyone has weaknesses - so focus on your strengths in the main, and quietly develop areas in which you are a little less strong…… and gradually turn them into more positives.

    3. What are your expectations?

    Define clearly to yourself, exactly what it is that you want from your online activities, and what you expect to achieve. Be realistic. Although the internet is FULL of claims of people can make a fortune ‘overnight’ - it simply isn’t so. If you have never made money online, set a target to reach just $500 to start with.

    Once this is achieved and sustained, increase your target to $1000 - then later $2000 per month….. then afterwards raise your target to $4000 per month….. and so on…… Start small….. work from there, and gradually increase your expectations only when you have achieved your first targets. You WILL find this works far more effectively than expecting to make $250,000 a year online within a week. Most people soon realise that they won’t be millionaires in a few weeks with their ‘program’ - so off they go looking for the next one.

    4. Believe in it.

    Have faith in your business, your product or your service. Sell yourself, sell the idea or concept first - if you truly believe in it, the persuasive powers of this will provide you with 90% of your success. If you don’t honestly have faith in your business or product - before you know it, you will looking for the next bandwagon to jump on.

    5. Is your r?sum? / CV 56 pages long?

    In the offline ‘real world’, just how often do you change job? Every month? I doubt it! But online, people change their direction or business with more frequency than an 8 week old baby goes through diapers. If you were an employer interviewing a candidate for a position are your company - and they presented you with their r?sum? or CV showing they had already had dozens of positions in a short period of time, what would that tell you?

    That they are very experienced?… I don’t think so.

    6. Fairytale? Storyland?

    Treat your online business like real business….in fact, it IS a real business, or at least that is how you should consider it. Work at it like a Hans Christian Anderson story, and there won’t be any ’Happily Ever After’. One of the BIGGEST reasons why people jump from one opportunity / business to another, is simply because they don’t treat it seriously. If you consider it to be a little fun - fair enough, but don’t expect much in return.

    7. Blurred vision?

    In other words….. FOCUS. If you don’t concentrate, or you become easily distracted, this will detract from your success, and will prove very costly. Don’t underestimate this. This is one of the biggest reasons for ‘bandwagon business’ - people become easily led away from what they are doing - with the lure of ‘greener pastures’.

    8. Get committed.

    …and stay that way. The initial levels of enthusiasm are normally quite high, but then gradually taper away over time. Interest wanes, activity drops off, before you know it, you are spending less and less time on your business. That’s when the next ’easy option’ seems tempting. You can develop a vicious circle of doing this repeatedly online - back to the bandwagon jumping routine. Stick with it. Commit to it.

    9. Do the Stock Market.

    No - not literally. But you must INVEST - that is paramount. But before you grab your Credit Card and send it into meltdown mode - this isn’t necessarily all about money. The biggest and most vital investment to make, is your time, your energy, your enthusiasm - and you must regularly invest - keep topping it up, just like a Pension Plan or your Retirement Fund. You gotta keep adding to it. Although money will come into the eq

    Project Management Principles
    Good and successful Project Management requires the adoption of and strict compliance with best practice Project Management Principles. Essentially there are 12 Key Project Management Principles which for convenience can be listed in 3 distinct categories as follows:Business Principles; People Principles;Control Principles;Business PrinciplesEnsure that all projects support the business strategy- All projects should have clear objectives that will deliver real and identifiable benefits to the business. Adopt a formal and structured approach - Projects should be broken down into stages with a control and review checkpoint at the end o
    is that you want from your online activities, and what you expect to achieve. Be realistic. Although the internet is FULL of claims of people can make a fortune ‘overnight’ - it simply isn’t so. If you have never made money online, set a target to reach just $500 to start with.

    Once this is achieved and sustained, increase your target to $1000 - then later $2000 per month….. then afterwards raise your target to $4000 per month….. and so on…… Start small….. work from there, and gradually increase your expectations only when you have achieved your first targets. You WILL find this works far more effectively than expecting to make $250,000 a year online within a week. Most people soon realise that they won’t be millionaires in a few weeks with their ‘program’ - so off they go looking for the next one.

    4. Believe in it.

    Have faith in your business, your product or your service. Sell yourself, sell the idea or concept first - if you truly believe in it, the persuasive powers of this will provide you with 90% of your success. If you don’t honestly have faith in your business or product - before you know it, you will looking for the next bandwagon to jump on.

    5. Is your r?sum? / CV 56 pages long?

    In the offline ‘real world’, just how often do you change job? Every month? I doubt it! But online, people change their direction or business with more frequency than an 8 week old baby goes through diapers. If you were an employer interviewing a candidate for a position are your company - and they presented you with their r?sum? or CV showing they had already had dozens of positions in a short period of time, what would that tell you?

    That they are very experienced?… I don’t think so.

    6. Fairytale? Storyland?

    Treat your online business like real business….in fact, it IS a real business, or at least that is how you should consider it. Work at it like a Hans Christian Anderson story, and there won’t be any ’Happily Ever After’. One of the BIGGEST reasons why people jump from one opportunity / business to another, is simply because they don’t treat it seriously. If you consider it to be a little fun - fair enough, but don’t expect much in return.

    7. Blurred vision?

    In other words….. FOCUS. If you don’t concentrate, or you become easily distracted, this will detract from your success, and will prove very costly. Don’t underestimate this. This is one of the biggest reasons for ‘bandwagon business’ - people become easily led away from what they are doing - with the lure of ‘greener pastures’.

    8. Get committed.

    …and stay that way. The initial levels of enthusiasm are normally quite high, but then gradually taper away over time. Interest wanes, activity drops off, before you know it, you are spending less and less time on your business. That’s when the next ’easy option’ seems tempting. You can develop a vicious circle of doing this repeatedly online - back to the bandwagon jumping routine. Stick with it. Commit to it.

    9. Do the Stock Market.

    No - not literally. But you must INVEST - that is paramount. But before you grab your Credit Card and send it into meltdown mode - this isn’t necessarily all about money. The biggest and most vital investment to make, is your time, your energy, your enthusiasm - and you must regularly invest - keep topping it up, just like a Pension Plan or your Retirement Fund. You gotta keep adding to it. Although money will come into the eq

    4 Reasons Why Knowledge of the Economy is Crucial to your Success in the MBA GD/PI
    Knowledge of your educational background is simply not enough. You are now choosing a career that involves making profits in a dynamic economy. Unless you know enough information about the economy you cannot create viable real life solutions for the organization. Here are 4 reasons for having a good knowledge of Economics1.) Economic Prospects in your chosen field: Those who are not aware of the economy cannot be expected to be adept at handling rapid changes in laws, competition and economic opportunities. India is growing at a rapid phase in a semi state of urbanization and industrial growth. So many factors affect your chosen industry and not merely competitors. The Personal Interview panel is sure to ask your views on what are the economic prospects within the field that you choose to build a ca
    next bandwagon to jump on.

    5. Is your r?sum? / CV 56 pages long?

    In the offline ‘real world’, just how often do you change job? Every month? I doubt it! But online, people change their direction or business with more frequency than an 8 week old baby goes through diapers. If you were an employer interviewing a candidate for a position are your company - and they presented you with their r?sum? or CV showing they had already had dozens of positions in a short period of time, what would that tell you?

    That they are very experienced?… I don’t think so.

    6. Fairytale? Storyland?

    Treat your online business like real business….in fact, it IS a real business, or at least that is how you should consider it. Work at it like a Hans Christian Anderson story, and there won’t be any ’Happily Ever After’. One of the BIGGEST reasons why people jump from one opportunity / business to another, is simply because they don’t treat it seriously. If you consider it to be a little fun - fair enough, but don’t expect much in return.

    7. Blurred vision?

    In other words….. FOCUS. If you don’t concentrate, or you become easily distracted, this will detract from your success, and will prove very costly. Don’t underestimate this. This is one of the biggest reasons for ‘bandwagon business’ - people become easily led away from what they are doing - with the lure of ‘greener pastures’.

    8. Get committed.

    …and stay that way. The initial levels of enthusiasm are normally quite high, but then gradually taper away over time. Interest wanes, activity drops off, before you know it, you are spending less and less time on your business. That’s when the next ’easy option’ seems tempting. You can develop a vicious circle of doing this repeatedly online - back to the bandwagon jumping routine. Stick with it. Commit to it.

    9. Do the Stock Market.

    No - not literally. But you must INVEST - that is paramount. But before you grab your Credit Card and send it into meltdown mode - this isn’t necessarily all about money. The biggest and most vital investment to make, is your time, your energy, your enthusiasm - and you must regularly invest - keep topping it up, just like a Pension Plan or your Retirement Fund. You gotta keep adding to it. Although money will come into the eq

    Marketing Infoproducts: Package Your Brain!
    As long as you are providing a service, there will always be a ceiling on how much you can earn that is based on the number of hours you can work in a week. Even if you hire an assistant and/or raise your rates, you are only raising the ceiling a little higher. The way you can blast that ceiling sky-high is to package your brain into infoproducts and sell them online.You have a particular system and unique way of providing service to your clients. Package it into an information product that will show people step-by-step exactly how you do it. The incredible advantage to this is that you can teach people all over the globe, day and night, every day of the week.With infoproducts, you don’t have any limit on the number of information products you sell. While your service will always be limited b
    ted, this will detract from your success, and will prove very costly. Don’t underestimate this. This is one of the biggest reasons for ‘bandwagon business’ - people become easily led away from what they are doing - with the lure of ‘greener pastures’.

    8. Get committed.

    …and stay that way. The initial levels of enthusiasm are normally quite high, but then gradually taper away over time. Interest wanes, activity drops off, before you know it, you are spending less and less time on your business. That’s when the next ’easy option’ seems tempting. You can develop a vicious circle of doing this repeatedly online - back to the bandwagon jumping routine. Stick with it. Commit to it.

    9. Do the Stock Market.

    No - not literally. But you must INVEST - that is paramount. But before you grab your Credit Card and send it into meltdown mode - this isn’t necessarily all about money. The biggest and most vital investment to make, is your time, your energy, your enthusiasm - and you must regularly invest - keep topping it up, just like a Pension Plan or your Retirement Fund. You gotta keep adding to it. Although money will come into the equation, because you simply can’t do everything for free - just don’t splash the cash at every opportunity you see, without trying to turn each ’spend’ into a positive R.O.I. (Return On Investment).

    10. Baahhh…..baaahhhhh….

    Sheep follow sheep….follow sheep. This is another classic reason for ‘bungee business’ - or bouncing around from one to the next. You see that all the other sheep are going in one direction - so you follow. If ‘everyone’ is doing something, must you? It’s not necessarily the best answer to go with the flow, or follow the crowd. Consider being contrary, contrasting, doing it with a twist - be different. You might just get the edge over all the other sheep.

    Gary Durkin © 2005

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