www.marketmagic.com Market Magic's Small Business Blog - June 2010

Market Magic's Small Business Blog

Concepts, Ideas, and Advice for Small Business

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    The opinions expressed herein are my own personal opinions and do not represent my employer's view in anyway.

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    Don't keep your head in the sand.....

    Until recently, a business could expect to see, and know about, most of what was happening in the office. Communications with suppliers and customers were traditionally by letter allowing ready monitoring by partners or managers with time to review and consider everything that was leaving the building. However, the replacement of hard copy with telephone and email and rapidly increasing time pressures mean that employees are trusted with far more; the opportunity therefore arises for a disgruntled employee to cause damage and for this not to become apparent to the employer until a late stage.

    Further, employees invariably have access to the firm's computer systems and have the power to cause real and widespread damage to a business in ways and to an extent that simply were not possible 10 years ago.

    It is essential therefore that employers consider this potential. However benevolent the employer and however responsible the employee there will always be either fallings-out or dismissals even if for operational reasons. Employee sabotage cannot therefore be ignored. The question is how best to deal with this potential.

    Jeff@marketmagic.com

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    Posted by jeff120749 on Monday, June 14, 2010 7:14 AM
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    So You Are Thinking of Going Into Business.......

    So you are thinking of going into business. This can have advantages and disadvantages. Running a business of your own will bring a sense of independence, and a sense of accomplishment. You will be the boss, and you can't be fired, though there may be days when you would welcome it. Because you can pay yourself a salary and the profit or return on your investment will also be yours, you anticipate a good income once your business is established. You will experience a pride in ownership - such as you experience if you own your own home or your own automobile. You can derive great satisfaction from offering a product or service that is valued in the market place. 

    By being boss you can adopt new ideas quickly. Since your enterprise undoubtedly will be a small business - at least in the beginning - you will have no large, unwieldy organization to retrain, no board to get permission from, each time you wish to try something new. If the idea doesn't work

    Jeff at MarketMagic.com

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    Categories: General
    Posted by jeff120749 on Monday, June 07, 2010 6:34 AM
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    Communication

    Communication is integral for any relationship, be it a familial relationship, a friendship, a business association, a working relationship, or a romantic partnership. Not only is communication important for the success of any relationship, but the lack of it can absolutely ruin a relationship. The repercussions of poor communication include feelings of betrayal, fast propagating distrust, misinterpretation of signals and events, accumulation of problems, willing self-isolation, and the deterioration of relationships. Communication is an excellent means by which all involved parties can work on ailing relationships.

    The foundation of solid communication is NOT to make yourself be heard, to express yourself accurately, or to be non-threatening. Granted, these are all components of communication, but the real core of true communication is understanding where the other person is coming from. In fact, good communication can't exist without honest listening. When it is apparent that you are actively listening to someone, absorbing their point of view, and honestly taking it into consideration-you are setting the groundwork for your needs to be expressed and hopefully understood. Though this may seem paradoxical-the key to communication is more to listen to what the other person is saying then it is to flood him/her with who you are, what you want, and how you feel. Remember, disappointing or no, the ultimate goal of communication is most often compromise. It is rare that you can utterly change someone else's perception, opinions, or behavior entirely. And it is generally unreasonable to expect to do so.

    Jeff

     

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    Categories: General
    Posted by jeff120749 on Tuesday, June 01, 2010 7:33 AM
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