From the monthly archives:

May 2010

Dale Carnegie

May 24, 2010

In 1937, Dale Carnegie published an amazing book. It was called “How to Win Friends and Influence People.” I was able to participate in the Dale Carnegie Program through Junior Achievement and read the book back then – the book although written back in the day, has many great tips and words of wisdom to improve your life and your business.

One of Carnegie’s statements that I really held onto was this: “You can make more friends in two months by becoming interested in other people than you can in two years by trying to get other people interested in you.”

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Secret to Success

May 19, 2010

One of my favorite online videos on one perspective to “secret to success”. Eric Thomas speaks to Michigan Student University.

Definitely worth your 5 minutes and 30 seconds….

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Your day

May 16, 2010

We live in a fast paced world and with today’s technology we are asked to learn faster, read more and do more all together with our time. It can get overwhelming and for entrepreneurs you can end up working long hours feeling guilty for taking any breaks. I believe it is imperative to take breaks and to keep a balance in life so I have divided my time into three kinds of days: focus days, buffer days and free days.

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Home Inspection – Is it necessary?

May 13, 2010

Home Inspection is a must when considering purchasing an investment property. Typically, a home inspection is completed after the offer has been accepted and a brief period has been negotiated for home inspection and financing. Find a home inspector who is familiar with the area and type of home you are purchasing and schedule approximately 3 hours to walk through the property. Many individuals believe a home inspection is not essential, however by getting one done, it is not only worth your money but it can lead to thousands of dollars of savings when any problems can be found up front.

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New Ideas

May 11, 2010

When challenged to come up with new business ideas we often limit ourselves by assuming various aspects of a given business.

The technique of using reversal assumption is discussed in the book called “Thinker Toys” and the best way to explain this concept is by walking through an example.

Lets say that you are thinking of starting a new restaurant. The first step that you would take is to outline some key assumptions about the business:

1. Restaurants have menus
2. Restaurants charge money for food
3. Restaurants serve food

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Launching your business

May 5, 2010

Often when we try to launch a new business or new idea but we wait….and wait…..

We wait because the business idea is not perfect, we wait because we feel we don’t have adequate knowledge, we wait because (insert)….and we wait.

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jkfdlaioewnaldkaj

May 1, 2010

Bill Gates and Warren Buffett recently had an interview and they talked about 5 main things that brought them success:

1. Integrity
2. Passion
3. Communication
4. Timing (creating good timing)
5. Genes

Looking at this list, I believe we have the ability to control majority of the above items…genes can be debatable.

Let me give you an example of an entrepreneur who successfully used the communication technique in order to get a key partner. This entrepreneur is now a famous author and marketer. His name is Chet Holmes and one of the key reasons that Mr. Holmes achieved success was through his partnership with marketing guru Jay Abraham.

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