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What a business owner needs to make decisions

Who do you trust?

Posted by on Nov 27, 2012 in Behavior, Business, Buyer Experience, Information, Mindset, Operations, Opinion Piece, Passion, Strategy, Structure | 0 comments

Everyone talks about trust. Many people tell you to trust them because they are experienced or they hold the qualifications or they have the expertise. But who do you trust?

BUT trust is something you feel in your gut. Trust is something that happens or is destroyed by your experience of the situation.Titmouse trusts the hand that feeds it

Trust Sites

There are many trust sites-places that say this person or this deal is protected by some form of security.

But should we trust the trust sites?

Do you trust other people’s recommendations? Maybe recommendations help you make decisions but do you really trust them?

Or are you looking for the “red’s under the bed” as we used to say years ago.

Many people, because of their experience, trust no one. They see everyone out to rip them off. Everyone is out to destroy them or hurt them. And because that is what they think, they are absolutely right.

Would you allow a reference to stand that said you were incompetent? Maybe if the recommendation then said you fixed the job.

But we want others to see us in the best light. We only want to tell the world that we did good, not that sometimes we messed up and because of that we made mistakes.  And when we made a mistake how did we handle it – blame, fix, refund or what exactly?

If you show me a perfect person, I will show you either God or someone who does NOTHING.

And someone who does nothing, why would we trust?

So who do you trust?

Politicians? Sales people? Your minister, preacher, teacher, doctor?

Yourself?

Your family? Your friends?

Everyone who you think is smarter than you? Everyone who you think knows more than you do? Everyone who you like?

Trust is subjective. Trust depends on many variables.

Small agreements

Many years ago, I learned the concept of small agreements. Trusting people who did the little things – arrived on time, kept their word, delivered on their commitments, put the toilet seat down, the cap on the toothpaste. People who intentionally acted in ways that did not stress me or annoy me. People who thought of me too when they acted.

Trust me. I always…

Well always is seldom possible. Always depends on too many external factors.

So in God we trust:

  • -  even when Sandi floods the basement,
  • Katrina washes away the levies and wipes out our house,
  • the earth quakes in Christchurch and liquifaction swamps the streets and your home,
  • the ash of the volcano in Iceland grounds the planes for six days and you are unable to get home or away
  • the tsunami in Japan, wipes out your cottage in Hawaii
  • and so on…

Trust that this is the only moment you have. Trust that if you listen in your heart and gut you know the truth about the situation. And trust that this too shall pass so all you can ever do is your best. You can only keep your word and be the best you and be.

And then trust that this too shall pass.

In the comment, share what you trust? How do you trust others? And why should anyone trust you?

To your future

Roberta Budvietas, Business Mentor

Roberta Budvietas

 

 

 

 

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Use the Right Tools Right

Posted by on Oct 15, 2012 in Analysis, Behavior, Business, Information, Optimisation | 4 comments

There are so many tools on the market but finding the right tool and using is right can challenge most people.

The other day, we started the Ideas to $$$$s page on Facebook. Once we had the page up we debated getting the matching URL. So we opened Web Fire a new tool that can:

  • Help with keyword research
  • Help create videos

    Choosing the right tool

    Which tool is right?

  • Help find domains both keywords for new ones and expired domains
  • Find find keywords for articles, blogs, content, and so much more with keywords and analysis
  • Site tools including SEO, market analysis and so much more
  • Press tools
  • Article spinner and submitter
  • Lead tools

It’s a fabulous tool for my writing for creating content but only if it gets used. And used properly.

Its like accounting tools, Every package ever created has remarkable feature but they only work for you if  use them and understand the basics of what accounting is all about.

There are tools out there to manage your contacts but many people just use their CRM to manage the names and addresses rather than the relationships and interactions.

There are tools out there that help you find answers. Wikipedia is a great tool BUT I really am glad that my doctor and dentist and lawyer use proper tools to research answers.

There are tools to predict weather, earthquakes, tornadoes and much more but unless they are used right, people can and do die.

There are tools that help plumbers, builders, electricians, auto mechanics an repairman en of all types do their jobs but only because they know what tool to use and how to use it.

The Right Tools for You

When you go into business, you need tools. And you need to learn how to use those tools. You need to learn when to use those tools.

But a tool is only good if you use it and learn to use it right. The Web Fire tool is an example of having power but not using it. When we got the tool, I decided that is would be one tool to leave to the rest of the team to learn but when we did some exploring on Ideas to $$$$s the power of this tool for me finding the right words for articles and blogs.

In the kitchen, I have drawers full of gadgets to do everything from grate garlic to slice avocados. In my office, I have gadgets galore.

And the sad thing, like Web Fire, I still only know how to use a small portion of those tools right.

Do you have any tools that you bought but are still learning how to use and use right?

In the comment box, share the last tool you bought for your business. Tell me – when are you going to learn to use them right?

Tools are great time savers but every tool takes time to learn when to use it, how to use it, where to use it and every tool takes a bit of practice to use it right. Will you take that time to learn to use the right tools right for you to succeed in business?

May most of your ideas earn you $$$$s

Roberta Budvietas, Business Mentor

Roberta Budvietas

 

 

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No Profit, Get a Job or……

Posted by on Oct 8, 2012 in Behavior, Business, Finance, Information, Mindset, Models | 4 comments

Sometimes professional advisors really fail to understand the real world of small business.

A client of mine was advised by a financial person the other day that since their business had not earned any profit in 18 months (the length of time the business had existed) the main contractor should get a job.

Now this business has no debt. It had invoices out for more than its monthly payments and jobs in his area of specialty were scarce. So getting a job, if he could, would be a challenge. Meanwhile, if he takes his eye off current and future contracts to look for a job, the family would be in dire straights.

No Profit. So is a job the answer?

No Profit. So is a job the answer?

Profit and cashflow are 2 different things. Profit is a bookkeeping total whereas cashflow is the flow of money in and out or the business. Many businesses have good profit but poor cashflow. They have high debt that prohibits growth and yet they are profitable.

So if your financial advisors are telling you to get a job because you have no profit, look at these things before you make the move.

  • Is your cashflow positive or negative?
  • Does your debts and operating expenses allow you to pay yourself a wage?
  • Do you have any work coming up that you are sure to get?
  • Are there any job vacancies in your field or are people being made redundant and losing their jobs?
  • Is there contract work out there, if only you could find it?

Having a job is lovely as it guarantees a steady income. But does it really guarantee your future?

EVERY employer can restructure and you can find yourself out of a job. EVERY employer can be sold, have the owner die or have some physical disaster happen that closes it down overnight.

If we taught every child to read, write, do arithmetic and be responsible for contracting their physical energy and mental acumen to others who need that service, the world would be in better shape.

If we paid out only what we earned minus 10% then we would reduce stress, sickness and financial problems. In other words, we lived within our income.

Profit is a great measure of a successful business but only contribution and the ability to pay debts and manage growth, truly indicate a successful business that meets the needs of its clients, owners and the community.

Today commit to your financial management to managing cashflow rather than profit.

Has anyone ever told you to get a job? In the comments below share what you did? Oh and please share this blog with others. Thank you.

To your success.

Roberta Budvietas, Business Mentor

Roberta Budvietas

 

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