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Will You Add? - The Story of the Really Silly Farmer (Entrepreneur, Musician, Etc)
Knowledge is the business fully as much as customer is the business. Physical goods or services are only the vehicle for the exchange of customer purchasing power against business knowledge”.Above statement was made by Peter F. Drucker, a prominent Management and marketing guru.Any economic result is the result of differentiation. What is that niche you posses that make you hot property in any market. It comes from knowledge. Knowledge is held by organization people. One day all labour can be automated by machines. But knowledge specifically is a human asset. If you have knowledgeable people you can target the sky. Books are more collection of information. Internet is one of the best medium for generating information on particular subject. But information is not a business.Knowledge itself is not a business when used inside. When it do not produce value to the holder of knowledge, it is useless. It becomes business when applied outside of a business, to the customer, market and end-uses.Mittal steel is king of steel market today. It posses a peculiar knowledge of converting non- performing public business and factory into highly profitable steel producing entity. It has done this numerous times Laxmi Mittal, Chairman and managing director, and his people do not change much in the plants. According to Aditya Mittal, CFO, and son of Laxmi Mittal, they apply their knowledge and past experience to turn thing around, Mittal steel turned their early acquisition around in 18 months. B
Pat begins asking people if they want to "invest". Pat finds that there are 2 kinds of people.
The first are people who are NOT investment savvy. They agree Pat has its a great idea but only have a few hundred dollars or so to give...they also bring nothing to the table as far as experience, connections or resources. Pat is rarely asked many questions by these inexperienced "investors", and definitely never any challenging ones. These people are willing to work out any terms that sound reason
Incorporation in Georgia is a fairly easy process, and you can do it by yourself or hire an attorney or make use of the services of firms that specialize in helping people incorporate for a reasonable fee. People have begun to realize the benefits of incorporation, which are many and have begun to incorporate without hesitation.Incorporating In Georgia: 1. Make sure which legal structure to opt for your new venture and proceed carefully making sure all conditions are met.2. A name has to be selected and registered after making sure that it is no copy of any existing registered business name or that it is not one that has been reserved. The name has to be appropriate for the nature of your business and not be obscene and must not exceed 80 characters including any punctuation or space used. It has to end in the words or their abbreviation “Incorporated,” “Corporation,” “Company,” or “Limited.”3. There has to be a minimum of one or more incorporators, and they have to file the articles of incorporation with the Secretary of State of Georgia. A fee of $100 is charged, and processing time is usually 30 business days.4. The articles must also contain a document providing the address of the initial registered office and principal office and the county it is in, as well as the name of its registered agent in that office. A list of the number of shares it is authorized to issue should also be included and may optionally contain other provisions such as statement of purpose, name and a
Pat is a regular person, just like you, or I. One day, like many, Pat decides to start a business. Now this would be Pat’s very first business, and Pat did not exactly grow up with a silver spoon in the mouth, if you know what I mean.
Pat decides to tell everyone in town all about the new business soon to be started.
Pat tells friends, family and even other existing farmers to get ready, because this is going to be HUGE.
Pat has come up with an idea that will revolutionize the farming industry and is SURE everyone will want to buy the new produce. Pat is actually bewildered why no one has thought of this or attempted this before as it will make MILLIONS and is yet, so obvious.
Pat has saved as much money as possible, but only is able to come up with a very small amount. The amount Pat has, is a lot less than one would normally expect to pay to start a farm, but that does not stop Pat from being self-confident. Thinking positively, (and being proactive and not letting "negative people" dampen spirits), Pat decides to take all the money available and use as down payment buy a plot of land anyway.
After buying the land, Pat has enough money to buy only one packet of seeds and one shovel from the general store. Mind you Pat is venturing into the Farming Industry for the very first time, so with the exception of outside observance, Pat doesn't have much inside knowlege.
However, Pat DOES have a great idea, and feels that is more than enough, I mean after all, each of the greats like Edison, Einstien, Gates and Bezos all started with just an idea...didn't they?
Pat is ready to start, but is now getting a little concerned. Pat realizes one packet of seed and a shovel is really not enough to get this idea going. Pat does NOT have money to get anything else, but has already invested everything. Plus its a super-cool idea, and it would be a shame to not bring it to fruition, people NEED THIS...ultimately Pat's program could END WORLD HUNGER....if only Pat could get it off the ground.
Pat begins asking people if they want to "invest". Pat finds that there are 2 kinds of people.
The first are people who are NOT investment savvy. They agree Pat has its a great idea but only have a few hundred dollars or so to give...they also bring nothing to the table as far as experience, connections or resources. Pat is rarely asked many questions by these inexperienced "investors", and definitely never any challenging ones. These people are willing to work out any terms that sound reasona
Now that you have started your own home based business it's time to begin letting everyone know about it. It's time to advertise! When most people think of advertising they think of having to spend big bucks, but that doesn't need to be the case. While it is a little more involved than simply putting together a website and hoping for the cash to roll in, it doesn't have to drain your budget either.You can get your name out there, both online and offline without spending a ton of cash. Here are some affordable ways you can immediately begin advertising your new business and get some sales.Word Of MouthObviously, this is the easiest form of advertising for any business. Talk to people while you're out about your home business. Ask for referrals. Make it a daily habit to let others know what you're doing. Don't make the mistake of pretending to be a secret agent and not telling others what you do. Share it with the world. One of the best parts is the fact that this if free home based business advertising.Business CardsAnother inexpensive way to advertise your home based business is through business cards. Hand out a business card to everyone you meet. Business cards are cheap. You can easily get 1000 cards for around $20. You can design your own with a catchy slogan or a special recorded message, etc. You can also leave your business cards out in public, or stick one in with your bills you mail off every month. Use your imagination with this.ContestsHere is a
Pat tells friends, family and even other existing farmers to get ready, because this is going to be HUGE.
Pat has come up with an idea that will revolutionize the farming industry and is SURE everyone will want to buy the new produce. Pat is actually bewildered why no one has thought of this or attempted this before as it will make MILLIONS and is yet, so obvious.
Pat has saved as much money as possible, but only is able to come up with a very small amount. The amount Pat has, is a lot less than one would normally expect to pay to start a farm, but that does not stop Pat from being self-confident. Thinking positively, (and being proactive and not letting "negative people" dampen spirits), Pat decides to take all the money available and use as down payment buy a plot of land anyway.
After buying the land, Pat has enough money to buy only one packet of seeds and one shovel from the general store. Mind you Pat is venturing into the Farming Industry for the very first time, so with the exception of outside observance, Pat doesn't have much inside knowlege.
However, Pat DOES have a great idea, and feels that is more than enough, I mean after all, each of the greats like Edison, Einstien, Gates and Bezos all started with just an idea...didn't they?
Pat is ready to start, but is now getting a little concerned. Pat realizes one packet of seed and a shovel is really not enough to get this idea going. Pat does NOT have money to get anything else, but has already invested everything. Plus its a super-cool idea, and it would be a shame to not bring it to fruition, people NEED THIS...ultimately Pat's program could END WORLD HUNGER....if only Pat could get it off the ground.
Pat begins asking people if they want to "invest". Pat finds that there are 2 kinds of people.
The first are people who are NOT investment savvy. They agree Pat has its a great idea but only have a few hundred dollars or so to give...they also bring nothing to the table as far as experience, connections or resources. Pat is rarely asked many questions by these inexperienced "investors", and definitely never any challenging ones. These people are willing to work out any terms that sound reason
I always knew lemon scent reminded me of something and I am not thinking about lemon :) There is much deeper understanding in scents (and flavors)– they take back to the past and dig deep into your brain. Remember Marcel Proust ritual consumption of tea and biscuits?It is just too bad (?) we can't smell though screen ;)Researches say smells can affect a shopper's behavior. For this reason they have made significant strides in analyzing how consumers respond to scents. Melon draws nearly universal feeling of friendliness, youthfulness and happiness; Americans think vanilla brings out feeling of comfort, while French consider it elegant and feminine. Consequently, stores are trying to put consumers in a spending mood and for this reason spend more and more money to determine what scent is most appropriate for their consumer type.For example, 'Select comfort', a nationwide U.S. chain of bedding stores decided for following scent: mix of cashmere wood, amber, cardamom, cinnamon and bergamot. The scent supposedly conveys quiet response. Casinos and hotels use scents that evoke serenity and tranquility, like blend of green tea, geranium, green ivy, black cedar and freesia. Sonny on the other hand settled with the blend of orange and vanilla with a hint of cedarwood added to the mix. When we talk about scents and what most people like, we are talking about average effects: not everyone like certain scent- some people might think it is delightful, but somebody else might get a headache beca
After buying the land, Pat has enough money to buy only one packet of seeds and one shovel from the general store. Mind you Pat is venturing into the Farming Industry for the very first time, so with the exception of outside observance, Pat doesn't have much inside knowlege.
However, Pat DOES have a great idea, and feels that is more than enough, I mean after all, each of the greats like Edison, Einstien, Gates and Bezos all started with just an idea...didn't they?
Pat is ready to start, but is now getting a little concerned. Pat realizes one packet of seed and a shovel is really not enough to get this idea going. Pat does NOT have money to get anything else, but has already invested everything. Plus its a super-cool idea, and it would be a shame to not bring it to fruition, people NEED THIS...ultimately Pat's program could END WORLD HUNGER....if only Pat could get it off the ground.
Pat begins asking people if they want to "invest". Pat finds that there are 2 kinds of people.
The first are people who are NOT investment savvy. They agree Pat has its a great idea but only have a few hundred dollars or so to give...they also bring nothing to the table as far as experience, connections or resources. Pat is rarely asked many questions by these inexperienced "investors", and definitely never any challenging ones. These people are willing to work out any terms that sound reason
I was jogging in the park the other day and noticed a number of professional dog walkers. They had many dogs under their care and the necessary tools of their trade. Nothing remarkable about that.What struck me was a) the number of providers I saw on this one visit, b) their marketing efforts, and c) the range of services offered. Parked on the streets around the park were various types of mini-van and SUV, emblazoned with each dog walking entrepreneur's web site address, phone number, slogan, and featured services. So, what does this have to do with your career?It illustrates an important career development theme:When I was growing up, my Mom and Dad's core career advice was to "get my foot in the door." Still sound, but my core career advice to you is **to make your own future.**These dog walking entrepreneurs have taken a relatively simple personal service and have scaled it to attract more customers and higher fees from their customers. They have taken what traditionally was a marginal service job to the level of a bona fide business. They made their own opportunity. They shaped it they way they wanted. And, their customers pay handsomely for it. Cool.So, my first point is this...you too can make your own opportunities, even out of the most seemingly mundane task, niche, need, service, etc. This may involve you moving into a new area or it may simply mean elevating the work you currently do to a whole new level.Back to the dogs. In Vancouver, where I live, peo
Pat is ready to start, but is now getting a little concerned. Pat realizes one packet of seed and a shovel is really not enough to get this idea going. Pat does NOT have money to get anything else, but has already invested everything. Plus its a super-cool idea, and it would be a shame to not bring it to fruition, people NEED THIS...ultimately Pat's program could END WORLD HUNGER....if only Pat could get it off the ground.
Pat begins asking people if they want to "invest". Pat finds that there are 2 kinds of people.
The first are people who are NOT investment savvy. They agree Pat has its a great idea but only have a few hundred dollars or so to give...they also bring nothing to the table as far as experience, connections or resources. Pat is rarely asked many questions by these inexperienced "investors", and definitely never any challenging ones. These people are willing to work out any terms that sound reason
A logo is part of a corporate identity. The objective is to provide a perfect logo design that will uniquely represent the company all over the world. The logo, or brand, is not just an image, but is the embodiment of an organization. Creating a logo is one of the most important stages in building brand awareness. A good logo expresses the company's vision, values, and directions.Logos originated in the 19th century when the industrial manufacture of products became important. The new industrial procedures allowed a higher output than that of the former handmade products. The new products were distributed in large geographical areas, and new competitors appeared from time to time offering similar products.A significant part of the population was still illiterate at this time. The industrial leaders soon realized that people would not be able easily differentiate their product from their competitors’ products. Therefore, more and more manufacturers began to include a symbol, sign, or emblem on their products, labels and packages, so that all the buyers could easily recognize the product they wanted. Later, the manufacturers started adding their company’s name also.There are certain important points to consider while designing a logo. First, a logo should be attractive and should create a unique personality for the company. Designing and developing a logo is one of the most challenging aspects of graphic designing. A detailed and colorful logo can be more expensive than a simple logo de
Pat begins asking people if they want to "invest". Pat finds that there are 2 kinds of people.
The first are people who are NOT investment savvy. They agree Pat has its a great idea but only have a few hundred dollars or so to give...they also bring nothing to the table as far as experience, connections or resources. Pat is rarely asked many questions by these inexperienced "investors", and definitely never any challenging ones. These people are willing to work out any terms that sound reasonable, especially since Pat is "guaranteeing" this is going to be a hit.
These are people just like Pat. They work a day job and think the "idea" is great and "know" it will be the next big thing and want to be a part of it. Unfortunately for Pat, a few hundred dollars will not even begin to touch what Pat knows is needed to launch.
The second type are people in town "with money". These are people who make and keep money, and therefore are pretty savvy about it. Most people (without money) are of the opinion these "rich" folk can "afford to" do certain things with their money, even if its a loss. However, no one realizes the whole REASON they have money and others do not, is because they do not just arbitrarily spend it, even if "they can afford it". They are wise and only spend or "invest" money if its going to bring them more money in the end.They are not in the habit of giving lesser privileged people money, just "because they can".
Pat is a sociable person, so Pat has no problems getting meetings with these rich movers and shakers in town. Pat pitches them on the marvels of the new idea and how its going to make "somebody" a boatload of money. Pat says "if neccessary, I can get you a full business plan by the end of the week."
Ironically, Pat is rarely asked for a fancy business plan and always asked the same questions by the savvy guys:
"How much money do you have available?" Pat replies "well I spent x,xxx on buying the land, a pack of seeds and a shovel and thats all I have"
"What kind of experience do you have in the Farm Industry?" Pat says "None, but I have watched plenty of farmers, and some friends of mine own a farm, so I know how it all works"
"What other businesses have you successfully launched in the past?" Pat answers "This is my first attempt at a business"
"Who else is on your team?" Pat tells "It is just me for now, but if I could just get the money, I can hire whoever is needed"
"What is your exit strategy for the investors?" Pat goes "Huh?"
Pat realizes these are inadequate answers, so then goes back into telling how GOOD the IDEA is, and the fact that Pat will work 24/7 to make this work. It's Pat's Dream, all Pat needs is for someone to
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