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Will You Add? - Mix Business with Pleasure? There's a Safe Way
What Makes a Credit Score Rise or Fall? d to treasure others and seek to see in them the highest potential possible?OUR financial decisions can affect your credit score in surprising ways. Two credit-scoring simulators can help consumers understand the potential impact.The Fair Isaac Corporation, which puts out the industry-standard FICO scores, offers the myFICO simulator. A consumer with a score of 707 (considered good) and three credit cards would be likely to add or lose points from his score by making various financial moves. Following are some examples:• By making timely payments on all his accounts over the next month or by paying off a third of the balance on his cards, he could add as many as 20 points.• By failing to make this month's payments on his loans, he could lose 75 to 125 points.• By using all of the credit available on his three credit cards, he could lose 20 to 70 points.• By getting a fourth card, depending on the status of h After all, if you've been reading my lessons for a while, you know that I'm the guy who says that with the right mental attitude you can change anything to your favor. So how can I now be going on about difficult clients, and about dumping problems and moving on? Okay, we're still in time out, so let's dig into this. Let's go back to why you're in business. I assume you have a mission statement, or something resembling one. And that mission statement probably says something like you're "helping Why Choose Birmingham As Your Conference Venue Want to drastically cut the workload in your business, reduce the emotional drain to nearly nothing, and inject more pleasure into your work day?For every person who needs to organize a conference there is a time where they must decide where to hold their conference. The choice of city is dependant on a variety of different factors including where there is sufficient accommodation for all attendees as well as the ease with which the majority of attendees can reach the destination. Within England there are many different areas that offer conference venues, but one of the most developed is Birmingham. The level of development that the city enjoys means that a large number of facilities are on offer to people who choose to attend conferences in the area. The state of the city’s infrastructure means that once people are in the city it is easy to reach their conference venue.The city of Birmingham has a large range of activities to offer conference attendees so that the time which is not spent in attending t Here's a secret -- check your client list. Got customers who often call you in the middle of the night with emergencies (real or imagined)? Or demand you work every weekend to keep their rocks out of the fire? Or consistently pay late, though they refuse to wait for your services? Well, here's the executive summary: troublesome clients will -- if you let them -- account for a disproportionately large part of your workload and emotional strain. Meanwhile, they'll account for a surprisingly small proportion of your profits. The 80/20 rule says that 20% of your clients will be the source of 80% of your profits, and vice versa. Guess which side those problem clients are lined up on? This means you're probably spending more than three-fourths of your time servicing hard-to-please, money-draining customers who are unlikely ever to contribute to your retirement (may even be interfering with it). Furthermore, they are also draining away energy you could be directing to more appreciative customers. So what do you need the problem clients for? Short answer: think about it. Of course, we've heard all the marketing gurus tell us that we MUST give top-notch, world-class service to our clients... that our business is all about our customers... that it's important for us to feel genuine loving concern for every one of those with whom we do business. If we don't, they say, our business is headed for the scrapheap while other, more caring professionals will zoom right past us. Well, they're right, but let's call a brief time out and take a closer look at this advice. First, without taking sides one way or the other, let's acknowledge that some clients, like some autos, require more maintenance than others do. Now, if you find yourself with a car that's shaping up to be a lemon, do you nurse that car endlessly, or do you eventually realize you're in a situation of diminishing returns? Sometimes the most economically feasible thing is to dump the clunker and move on, right? But that's cars. What about people? Isn't it important to invest our very best in every single person we deal with in life? Aren't we supposed to treasure others and seek to see in them the highest potential possible? After all, if you've been reading my lessons for a while, you know that I'm the guy who says that with the right mental attitude you can change anything to your favor. So how can I now be going on about difficult clients, and about dumping problems and moving on? Okay, we're still in time out, so let's dig into this. Let's go back to why you're in business. I assume you have a mission statement, or something resembling one. And that mission statement probably says something like you're "helping The Principle(s) of Negative Value - A Procurement Article rge part of your workload and emotional strain.Some years ago while researching and writing a book on the subject of industrial Buyer & Sales relationships, I also wrote a follow up chapter for future endeavors which has rolled around in the back of my mind ever since. The piece was entitled “The Value of Value”.Alright, I admit it was and could still be, construed as something of a Procurement diatribe but the purpose both then and now is to assist venders recognize and comprehend how Buyers perceive and respond, to the levels of service we receive from distributors and manufacturers when there are problems. (Notice I didn’t say, “reps”)After 20 years of battling repetitive and inane situations and shortfalls, I thought it was time for someone to get it out into the open and talk about it plainly. Forget the graphs and the charts and Power Points, statistics and pep talks, just plain talk seemed Meanwhile, they'll account for a surprisingly small proportion of your profits. The 80/20 rule says that 20% of your clients will be the source of 80% of your profits, and vice versa. Guess which side those problem clients are lined up on? This means you're probably spending more than three-fourths of your time servicing hard-to-please, money-draining customers who are unlikely ever to contribute to your retirement (may even be interfering with it). Furthermore, they are also draining away energy you could be directing to more appreciative customers. So what do you need the problem clients for? Short answer: think about it. Of course, we've heard all the marketing gurus tell us that we MUST give top-notch, world-class service to our clients... that our business is all about our customers... that it's important for us to feel genuine loving concern for every one of those with whom we do business. If we don't, they say, our business is headed for the scrapheap while other, more caring professionals will zoom right past us. Well, they're right, but let's call a brief time out and take a closer look at this advice. First, without taking sides one way or the other, let's acknowledge that some clients, like some autos, require more maintenance than others do. Now, if you find yourself with a car that's shaping up to be a lemon, do you nurse that car endlessly, or do you eventually realize you're in a situation of diminishing returns? Sometimes the most economically feasible thing is to dump the clunker and move on, right? But that's cars. What about people? Isn't it important to invest our very best in every single person we deal with in life? Aren't we supposed to treasure others and seek to see in them the highest potential possible? After all, if you've been reading my lessons for a while, you know that I'm the guy who says that with the right mental attitude you can change anything to your favor. So how can I now be going on about difficult clients, and about dumping problems and moving on? Okay, we're still in time out, so let's dig into this. Let's go back to why you're in business. I assume you have a mission statement, or something resembling one. And that mission statement probably says something like you're "helping A Secret Of Business Growth - Pick Passionate External People preciative customers. So what do you need the problem clients for?Do you remember Frank Sinatra’s song…? “I did it my way”Excellent song. I love it.And you know what… some business owners love the notion of ‘doing it my way’ so much that they ‘hold’ onto every aspect of their business – so much so that they don’t allow people to help them to grow.They latterly stop their staff from helping them.They stop their ‘accountant’ from helping themAnd they stop any outside expert from helping them…There may be all sorts of reasons for this behaviour…They may be too proud to ask for help.They may be too scared to ask for help (as it can make you feel quite vulnerable).They may think it’ll cost too much to get help (well if you think education costs too much – you should try ignorance).Or they may think that they don’t have time to look for help… don’t trust anyone to help Short answer: think about it. Of course, we've heard all the marketing gurus tell us that we MUST give top-notch, world-class service to our clients... that our business is all about our customers... that it's important for us to feel genuine loving concern for every one of those with whom we do business. If we don't, they say, our business is headed for the scrapheap while other, more caring professionals will zoom right past us. Well, they're right, but let's call a brief time out and take a closer look at this advice. First, without taking sides one way or the other, let's acknowledge that some clients, like some autos, require more maintenance than others do. Now, if you find yourself with a car that's shaping up to be a lemon, do you nurse that car endlessly, or do you eventually realize you're in a situation of diminishing returns? Sometimes the most economically feasible thing is to dump the clunker and move on, right? But that's cars. What about people? Isn't it important to invest our very best in every single person we deal with in life? Aren't we supposed to treasure others and seek to see in them the highest potential possible? After all, if you've been reading my lessons for a while, you know that I'm the guy who says that with the right mental attitude you can change anything to your favor. So how can I now be going on about difficult clients, and about dumping problems and moving on? Okay, we're still in time out, so let's dig into this. Let's go back to why you're in business. I assume you have a mission statement, or something resembling one. And that mission statement probably says something like you're "helping The Role of Collaboration Technologies: Investing in the Personal Relationship r look at this advice.Over the past several years the use of web-based collaboration tools, such as web conferencing services and extranets, has grown dramatically in support of the increasing number of work groups with geographically dispersed members.These tools have allowed organizations to tap the resources of employees, consultants and vendors in real-time, regardless of their location. Additionally, they have dramatically decreased the cost of serving clients and made more accessible a larger universe of prospective customers.But at what cost? The danger is that reliance on these tools may reduce the power of personal contact. As the use of online collaboration to support relationships continues to grow, it is critical that organizations integrate a personal touch.One strategy is to re-invest the savings realized through the use of technology to support travel ex First, without taking sides one way or the other, let's acknowledge that some clients, like some autos, require more maintenance than others do. Now, if you find yourself with a car that's shaping up to be a lemon, do you nurse that car endlessly, or do you eventually realize you're in a situation of diminishing returns? Sometimes the most economically feasible thing is to dump the clunker and move on, right? But that's cars. What about people? Isn't it important to invest our very best in every single person we deal with in life? Aren't we supposed to treasure others and seek to see in them the highest potential possible? After all, if you've been reading my lessons for a while, you know that I'm the guy who says that with the right mental attitude you can change anything to your favor. So how can I now be going on about difficult clients, and about dumping problems and moving on? Okay, we're still in time out, so let's dig into this. Let's go back to why you're in business. I assume you have a mission statement, or something resembling one. And that mission statement probably says something like you're "helping Residential Cleaning Customers: Be Prepared to Answer Their Questions d to treasure others and seek to see in them the highest potential possible?Are you ready to start your residential cleaning service? Once you've purchased the supplies and equipment, obtained the necessary insurance, and hired your crew you will be looking for clients. Your cleaning customers will have questions for you - everything from the training you give your employees to your rates to what they should do with their pets when you come to clean. Following are questions you should be prepared to answer:1) Can I trust your company? Are you insured and bonded? Your cleaning company should be bonded and have liability insurance, as well as workman's compensation for your employees. Be prepared with a flyer or document that lists your insurance/bond company and the types of coverage you have. You should also do background checks on all employees.2) Does someone need to be at home when you clean? This is generally the cus After all, if you've been reading my lessons for a while, you know that I'm the guy who says that with the right mental attitude you can change anything to your favor. So how can I now be going on about difficult clients, and about dumping problems and moving on? Okay, we're still in time out, so let's dig into this. Let's go back to why you're in business. I assume you have a mission statement, or something resembling one. And that mission statement probably says something like you're "helping clients solve a particular type of problem, and thereby making their world a better place for them." Does that pretty well sum up why you're in business? If you're nodding your head yes, you're wrong. You're in business to make YOUR life better, and the life of those you're emotionally close to. You're doing this for a profit. YOUR profit. OLD CHINESE PROVERB: No profit, no point. The improvement you bring to your clients' lives is your STRATEGY for buying improvements in your own life. That mission statement is HOW you've chosen to make your profits. It's HOW you're going about deserving the pay that you want to receive from other people. Not why. Of course, you won't receive YOUR profits unless you're providing good, solid, honest value to others. You've got to give value to receive value. Then why do so many people in business think it's necessary to give value patiently, endlessly, while failing to insist on receiving equal value in return? The truth is, if you're in a relationship with a client who consistently takes more than he gives, you're dealing with a swindler. An unwitting thief perhaps, but a thief nonetheless. And you're unthinkingly abetting that theft of your own services. Not only that, you're an accomplice in the cheating of your family, your employees, and others who are dependent on you or have joined their life energies to yours. In other words, not everybody is willing to make a fair exchange. They'll want to receive from you, but won't be interested in giving fair value in return. Not everybody you call a client or customer really is one. Some are thieves in disguise. Oh, most of them don't know that's what they are, but if it walks like a thief, and quacks like a thief.... It doesn't make them bad people. Just unprofitable. Are you ready to make your job more pleasant, more efficient and more profitable? Choose your business associates as carefully as you do your personal friends. In both cases, stay away from those not going the same direction you are. This is just another way to raise your awareness and your mental vibrations, so that more positive things can manifest in your life. Analyze what you're doing, who you're spending your time on, and decide which activities are moving you toward profit. Eliminate the rest -- or
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