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Will You Add? - A Lesson for Budding Entrepreneurs
Change And Confusion: Time To Refocus was on our division payroll in any case.Our world seems confused right now! Should we move forward or stay right where we are? Who knows the answers?Confusion is an opportunity to stop and refocus. It is a warning signal our mind sends us saying "HELP! Do something different!" So what does our brain want and how can we refocus?Here are 7 steps to assist this process.1. STOP The definition of insanity of doing the same thing over and over and expecting different results. So STOP the insanity!2. WRITE Put all the scrambled thoughts onto paper. Would you rather be swept up in the churn of the tornado or safely watch the event from the next town? By writing your thoughts, you remove yourself from the "churn" and can look at the confusion from a safe distance.3. IDENTIFY Now you can safely look at your thoughts and begin to identify categories that are creatin IBM were delighted that we had moved so fast and increased the volumes to us. A few months later back in Chicago I was summoned to the Chairman’s office to explain why we had sales of over $500,000 per month in Scotland – a place where as far as he was aware we did not have a facility. The Chairman listened to my story carefully – maybe we should put you in charge of our investment strategy – Congratulations! Postscript Within six months Chicago had approved the building of a state of the art Fulfilment Centre in Cumbernauld, Scotland. The Cumbernauld fulfilment operation is still in business today more than 10 years after this event, now trading successfully under the name Modus Link. The “near site” business model was exported to the USA and today Modus Link are a highly successful Supply Chain Management Company. Allan Glen sold his warehouse and plant to a Supermarket chain and moved to a state of the art building in Cumbernauld, Scotland – coincidently next door to the one we moved into to. Message for new executives and those budding entrepreneurs: Learn what strengths large companies have and where their weaknesses are. Play to their advantages, but don’t be afraid when they turn you d Starting a Business: Should You Do It? RR Donnelley, the largest Commercial Printer in the world, was and is a great company to work for. My career was going just great – I had gained a reputation as a Troubleshooter and Turnaround Manager, perhaps also some would say a bit of a Maverick. Whilst I provided the drive and hands-on change management – Donnelley supplied the comfort of having a multi-billion dollar corporation behind me. Specialist staff, experienced operations people and top-class executives always available to help when necessary. My projects had included closing down a disastrous union-dominated site, transforming a government-owned print facility into a dynamic highly productive enterprise, saving a multi-million pound long-term manufacturing contract from being lost to the late Robert Maxwell, and removing an entire Management Board that did not understand the meaning of strategy.So let me get this straight, you want to be your own boss. You want to voluntarily and willingly throw away your current employment (or maybe the company you previously worked for made that decision for you, but rather than pursue another job, you have decided to launch a new business). And you are convinced this is what you want to do, IN SPITE of (some or all of) the following:1. The overwhelming majority of new businesses fail within the first few years of opening 2. You will be assuming responsibility for a “spouse” that never sleeps, always puts demands on your time, does not recognize weekends, and never is satisfied 3. You are ready to give birth to a “child” that is always hungry for more time and attention, is ungrateful, rarely if ever does what you expect it to do, and whose maturing is not something that you view as an occasion fo I would not underestimate the skills required to undertake any of these assignments, but what made them achievable was Donnelley’s full backing and encouragement. However, the particular project I will uncover now was somewhat more challenging, due mainly to a successful outcome despite not having any Corporate backing or support. The Donnelley division I was running had moved from a basket case (?10m sales/ ?1m loss) to a profitable, high growth, award-winning company. The young workforce had been cajoled and threatened to out-perform our competitors or face closure. We trebled our training budget, got rid of the managers who had become obstacles to success, and encouraged the employees to take an active part in running the business, including making decisions on recruitment, investment, quality, customer service and product development. The division had won a multi-million pound two year contract with IBM under the noses of the sitting local supplier who was located almost next door to the IBM assembly line. Despite the fact that our plant was 200 miles from the IBM assembly line – we had won 90% of the IBM business. Our plant had become a winner and was held up by our customers and suppliers as a model of how committed employees can make a real difference to profitability, service and quality levels. So when the new contract came up for renewal, we were confident that we would hold on to what we had worked so hard for. Although the process was on a Tender basis, we decided to not only present the Tender Documents, but also requested time to present our case via a PC Presentation (this was the early 1990’s before the digital revolution) involving Cartoon characters and employees – with a voiceover from yours truly and one of our ‘sexy voiced’ customer service ladies. Knowing our desire for the unusual the IBM purchasing group had gathered together their senior and middle management teams to be in attendance in their management auditorium for our show. We received a tremendous applause and encouragement. Within weeks the good news came through that we had been awarded a new two-year contract with additional volumes. But the contract was clear – IBM would award the contract based on us creating a “near-site” facility to be located within a short distance from their assembly line in Scotland. It was vital to them that key suppliers were “clustered’ near to their assembly line. I was delighted to present our appropriation for a new “near site” facility in Scotland underwritten by the new sales contract, at the following months Board Meeting in Chicago. Only one problem though – my boss suddenly announced that there was a freeze on new capacity/plants being approved for the foreseeable future! Back in the UK I wondered what could be done without corporate support, they had backed me all these years until now. I knew that I would have to face IBM sooner or later and try and explain our problem. It was then that I decided to find a solution rather than give my customer a problem. Allan Glen was MD of one of our supply companies based in Glasgow - he and I were good pals as well as business associates. I found myself sitting in his office a few days after returning from Chicago. I always liked walking around plants (management by walking about is still a good philosophy today), and during this particular tour Allan showed me his warehouse, which was empty. He also said that he often employed temporary employees to take care of busy periods. The penny dropped – within an hour Allan agreed to let me have the use of his empty warehouse and also supply me with enough employees to start our “near site” operation. Being a short distance from IBM’s Assembly line I had the perfect solution and could avoid going cap-in-hand to the Chicago head office. Within two weeks we had re-painted the warehouse and rented a portable office for our one manager (transferred from our UK Division). Alan supplied us with some 80 temporary employees working 24hour shifts and we simply covered his costs plus a margin for his co-operation. We had a “Virtual Factory” we did not own nor had we a lease on the building; we had no employees on our payroll except the manager and he was on our division payroll in any case. IBM were delighted that we had moved so fast and increased the volumes to us. A few months later back in Chicago I was summoned to the Chairman’s office to explain why we had sales of over $500,000 per month in Scotland – a place where as far as he was aware we did not have a facility. The Chairman listened to my story carefully – maybe we should put you in charge of our investment strategy – Congratulations! Postscript Within six months Chicago had approved the building of a state of the art Fulfilment Centre in Cumbernauld, Scotland. The Cumbernauld fulfilment operation is still in business today more than 10 years after this event, now trading successfully under the name Modus Link. The “near site” business model was exported to the USA and today Modus Link are a highly successful Supply Chain Management Company. Allan Glen sold his warehouse and plant to a Supermarket chain and moved to a state of the art building in Cumbernauld, Scotland – coincidently next door to the one we moved into to. Message for new executives and those budding entrepreneurs: Learn what strengths large companies have and where their weaknesses are. Play to their advantages, but don’t be afraid when they turn you do The Secret Of Succcess ?10m sales/ ?1m loss) to a profitable, high growth, award-winning company. The young workforce had been cajoled and threatened to out-perform our competitors or face closure. We trebled our training budget, got rid of the managers who had become obstacles to success, and encouraged the employees to take an active part in running the business, including making decisions on recruitment, investment, quality, customer service and product development. The division had won a multi-million pound two year contract with IBM under the noses of the sitting local supplier who was located almost next door to the IBM assembly line. Despite the fact that our plant was 200 miles from the IBM assembly line – we had won 90% of the IBM business. Our plant had become a winner and was held up by our customers and suppliers as a model of how committed employees can make a real difference to profitability, service and quality levels.What’s your definition of success? You’ve probably heard it all before about the secret of success. The majority of people would say that having lots of money would be their definition of success. Success means different things to different people. Success can come in the form of happiness, developing quality relationships, goal achievements or a healthy lifestyle.So how do you become successful? First, you need to ask yourself, what does success mean to you and what will it bring? You need to have a clear target in mind of exactly what you want. If you say I want to own a house; you need to state exactly what type of house. How many bedrooms? Where would it be?Is it big or small? If you visualize it, your goals will become more realistic and obtainable.Your pathway to success is determined by your actions, vision, drive and the choices that you m So when the new contract came up for renewal, we were confident that we would hold on to what we had worked so hard for. Although the process was on a Tender basis, we decided to not only present the Tender Documents, but also requested time to present our case via a PC Presentation (this was the early 1990’s before the digital revolution) involving Cartoon characters and employees – with a voiceover from yours truly and one of our ‘sexy voiced’ customer service ladies. Knowing our desire for the unusual the IBM purchasing group had gathered together their senior and middle management teams to be in attendance in their management auditorium for our show. We received a tremendous applause and encouragement. Within weeks the good news came through that we had been awarded a new two-year contract with additional volumes. But the contract was clear – IBM would award the contract based on us creating a “near-site” facility to be located within a short distance from their assembly line in Scotland. It was vital to them that key suppliers were “clustered’ near to their assembly line. I was delighted to present our appropriation for a new “near site” facility in Scotland underwritten by the new sales contract, at the following months Board Meeting in Chicago. Only one problem though – my boss suddenly announced that there was a freeze on new capacity/plants being approved for the foreseeable future! Back in the UK I wondered what could be done without corporate support, they had backed me all these years until now. I knew that I would have to face IBM sooner or later and try and explain our problem. It was then that I decided to find a solution rather than give my customer a problem. Allan Glen was MD of one of our supply companies based in Glasgow - he and I were good pals as well as business associates. I found myself sitting in his office a few days after returning from Chicago. I always liked walking around plants (management by walking about is still a good philosophy today), and during this particular tour Allan showed me his warehouse, which was empty. He also said that he often employed temporary employees to take care of busy periods. The penny dropped – within an hour Allan agreed to let me have the use of his empty warehouse and also supply me with enough employees to start our “near site” operation. Being a short distance from IBM’s Assembly line I had the perfect solution and could avoid going cap-in-hand to the Chicago head office. Within two weeks we had re-painted the warehouse and rented a portable office for our one manager (transferred from our UK Division). Alan supplied us with some 80 temporary employees working 24hour shifts and we simply covered his costs plus a margin for his co-operation. We had a “Virtual Factory” we did not own nor had we a lease on the building; we had no employees on our payroll except the manager and he was on our division payroll in any case. IBM were delighted that we had moved so fast and increased the volumes to us. A few months later back in Chicago I was summoned to the Chairman’s office to explain why we had sales of over $500,000 per month in Scotland – a place where as far as he was aware we did not have a facility. The Chairman listened to my story carefully – maybe we should put you in charge of our investment strategy – Congratulations! Postscript Within six months Chicago had approved the building of a state of the art Fulfilment Centre in Cumbernauld, Scotland. The Cumbernauld fulfilment operation is still in business today more than 10 years after this event, now trading successfully under the name Modus Link. The “near site” business model was exported to the USA and today Modus Link are a highly successful Supply Chain Management Company. Allan Glen sold his warehouse and plant to a Supermarket chain and moved to a state of the art building in Cumbernauld, Scotland – coincidently next door to the one we moved into to. Message for new executives and those budding entrepreneurs: Learn what strengths large companies have and where their weaknesses are. Play to their advantages, but don’t be afraid when they turn you d Living Your Brand on the Web - Part 1 rtoon characters and employees – with a voiceover from yours truly and one of our ‘sexy voiced’ customer service ladies. Knowing our desire for the unusual the IBM purchasing group had gathered together their senior and middle management teams to be in attendance in their management auditorium for our show. We received a tremendous applause and encouragement.OK, so you took the plunge and purchased your internet domain. Good for you! Now what? According to Google.com there are about 8,058,044,651 current web pages. That's billion with a "B"! So how do you stand out?The first thing you should do is stop using a free email service. More often than not, a potential client will delete your email if they are not familiar with whom it is coming from. Think about what you do with emails that you are not familiar with. Having your domain name in the "From" field lets them know that it is you and your business that is calling on them. Plus, don't you want your business name in front of as many eyeballs as possible?If you use a free or fee-based email service (Hotmail, Yahoo!, AOL, Earthlink, etc.) then at least make it work for you. Having an email named wilsonwidgets@hotmail.com is much more identifi Within weeks the good news came through that we had been awarded a new two-year contract with additional volumes. But the contract was clear – IBM would award the contract based on us creating a “near-site” facility to be located within a short distance from their assembly line in Scotland. It was vital to them that key suppliers were “clustered’ near to their assembly line. I was delighted to present our appropriation for a new “near site” facility in Scotland underwritten by the new sales contract, at the following months Board Meeting in Chicago. Only one problem though – my boss suddenly announced that there was a freeze on new capacity/plants being approved for the foreseeable future! Back in the UK I wondered what could be done without corporate support, they had backed me all these years until now. I knew that I would have to face IBM sooner or later and try and explain our problem. It was then that I decided to find a solution rather than give my customer a problem. Allan Glen was MD of one of our supply companies based in Glasgow - he and I were good pals as well as business associates. I found myself sitting in his office a few days after returning from Chicago. I always liked walking around plants (management by walking about is still a good philosophy today), and during this particular tour Allan showed me his warehouse, which was empty. He also said that he often employed temporary employees to take care of busy periods. The penny dropped – within an hour Allan agreed to let me have the use of his empty warehouse and also supply me with enough employees to start our “near site” operation. Being a short distance from IBM’s Assembly line I had the perfect solution and could avoid going cap-in-hand to the Chicago head office. Within two weeks we had re-painted the warehouse and rented a portable office for our one manager (transferred from our UK Division). Alan supplied us with some 80 temporary employees working 24hour shifts and we simply covered his costs plus a margin for his co-operation. We had a “Virtual Factory” we did not own nor had we a lease on the building; we had no employees on our payroll except the manager and he was on our division payroll in any case. IBM were delighted that we had moved so fast and increased the volumes to us. A few months later back in Chicago I was summoned to the Chairman’s office to explain why we had sales of over $500,000 per month in Scotland – a place where as far as he was aware we did not have a facility. The Chairman listened to my story carefully – maybe we should put you in charge of our investment strategy – Congratulations! Postscript Within six months Chicago had approved the building of a state of the art Fulfilment Centre in Cumbernauld, Scotland. The Cumbernauld fulfilment operation is still in business today more than 10 years after this event, now trading successfully under the name Modus Link. The “near site” business model was exported to the USA and today Modus Link are a highly successful Supply Chain Management Company. Allan Glen sold his warehouse and plant to a Supermarket chain and moved to a state of the art building in Cumbernauld, Scotland – coincidently next door to the one we moved into to. Message for new executives and those budding entrepreneurs: Learn what strengths large companies have and where their weaknesses are. Play to their advantages, but don’t be afraid when they turn you d Selling, a Great Career Choice, Part 3 of 8, You can Literally Write Your Own Paycheck was then that I decided to find a solution rather than give my customer a problem.If you belong to a union that negotiates your rate of pay or if you have ever toiled in a minimum wage job, I'm sure that you have dreamed about writing your own paycheck. There is a special group of men and women that do just that every day. You can, too.Master salespeople are among the top 20% in the industry. I suggest that they will earn 80% of the money earned by salespeople. They are generally compensated, either by a combination of salary and commission or solely by commission.That word 'commission' scares the daylights out of a lot of people. They equate 'commission' with 'insecurity'. There is only one reason for salespeople to feel that way. They don't yet have all the skills to perform at mastery.On the other hand, master salespeople equate 'commission' with 'unlimited income pot Allan Glen was MD of one of our supply companies based in Glasgow - he and I were good pals as well as business associates. I found myself sitting in his office a few days after returning from Chicago. I always liked walking around plants (management by walking about is still a good philosophy today), and during this particular tour Allan showed me his warehouse, which was empty. He also said that he often employed temporary employees to take care of busy periods. The penny dropped – within an hour Allan agreed to let me have the use of his empty warehouse and also supply me with enough employees to start our “near site” operation. Being a short distance from IBM’s Assembly line I had the perfect solution and could avoid going cap-in-hand to the Chicago head office. Within two weeks we had re-painted the warehouse and rented a portable office for our one manager (transferred from our UK Division). Alan supplied us with some 80 temporary employees working 24hour shifts and we simply covered his costs plus a margin for his co-operation. We had a “Virtual Factory” we did not own nor had we a lease on the building; we had no employees on our payroll except the manager and he was on our division payroll in any case. IBM were delighted that we had moved so fast and increased the volumes to us. A few months later back in Chicago I was summoned to the Chairman’s office to explain why we had sales of over $500,000 per month in Scotland – a place where as far as he was aware we did not have a facility. The Chairman listened to my story carefully – maybe we should put you in charge of our investment strategy – Congratulations! Postscript Within six months Chicago had approved the building of a state of the art Fulfilment Centre in Cumbernauld, Scotland. The Cumbernauld fulfilment operation is still in business today more than 10 years after this event, now trading successfully under the name Modus Link. The “near site” business model was exported to the USA and today Modus Link are a highly successful Supply Chain Management Company. Allan Glen sold his warehouse and plant to a Supermarket chain and moved to a state of the art building in Cumbernauld, Scotland – coincidently next door to the one we moved into to. Message for new executives and those budding entrepreneurs: Learn what strengths large companies have and where their weaknesses are. Play to their advantages, but don’t be afraid when they turn you d Bouncy Castles - A Goldmine? was on our division payroll in any case.One of the many questions that people ask themselves when thinking of either starting their own business, or earning extra income, is what offers the best opportunity? With so many different opportunities, finding one that is relatively easy, inexpensive and worthwhile can be difficult. However, one area that all these and more are covered in, and offers a potential goldmine into the bargain, is a bouncy castle.Think about it – walk into any park today, or stroll along any seaside resort beach, or even something like a church fete, and you're pretty much guaranteed to see a bouncy castle full of children enjoying themselves. And it's not just public places either – bouncy castles are becoming more popular for children's private birthday parties as well.How Do I Start?Depending on whether you wish to make it a part-time business or a hobby w IBM were delighted that we had moved so fast and increased the volumes to us. A few months later back in Chicago I was summoned to the Chairman’s office to explain why we had sales of over $500,000 per month in Scotland – a place where as far as he was aware we did not have a facility. The Chairman listened to my story carefully – maybe we should put you in charge of our investment strategy – Congratulations! Postscript Within six months Chicago had approved the building of a state of the art Fulfilment Centre in Cumbernauld, Scotland. The Cumbernauld fulfilment operation is still in business today more than 10 years after this event, now trading successfully under the name Modus Link. The “near site” business model was exported to the USA and today Modus Link are a highly successful Supply Chain Management Company. Allan Glen sold his warehouse and plant to a Supermarket chain and moved to a state of the art building in Cumbernauld, Scotland – coincidently next door to the one we moved into to. Message for new executives and those budding entrepreneurs: Learn what strengths large companies have and where their weaknesses are. Play to their advantages, but don’t be afraid when they turn you down, as they surely will - you can either leave in a huff or fight for your customer. Never give up when you know you have the customer on your side, a winning team and good knowledge of your market. You should pretend that you have all the resources you might need, even if many are against you. Don’t quit, do what is right and be kind to your friends. Your Network costs you little and may even save your skin one day! This article is dedicated to Allan Glen who put up with my crazy ideas and trusted me with his money. “Lang may his lum reek”
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