You are a brand new entrepreneur. You have a great idea for a small business, an excellent business plan and you are ready to get started on executing it. The only thing you are missing, in your opinion, is a business partner. But are you sure you need one? There are several advantages and disadvantages to bringing on a business partner, many that you may have already considered. Ultimately, the choice is yours and should be based on what will be the best for your business plan. Business partners can be both a blessing and a nuisance, and sometimes even a downright curse to you and your growing business. You should decide very carefully whether you actually need a partner.
The great news is that a business partner is not a requirement for starting a business. However, your business plan may be so complex that you might feel you need someone to help shoulder the workload. Also, when it comes to brand new business ideas like startups, having more than one person looking at the plans and ideas can help with understanding whether they are feasible or too outrageous. Having a business partner is an excellent way to filter your ideas through someone else before deciding to go ahead with them.
Sometimes the best thing you can do for your business idea is to start a partnership with someone who has certain skills and talents that you do not possess. Having access to other skills that you may not have can be wonderful for startups because you do not have to hire several people to fill in for what you lack. You may luck out and choose a business partner who complements you in all the ways needed.
You should know that one of the greatest advantages to partnering up with someone is the fact that partnerships do not pay income tax. You will still have to file a tax return, but you will not be paying taxes on the income, which is great news. However, do not make this decision simply based on this fact. There are also several disadvantages to having business partners.
Disagreements are bound to happen when more than one person is making decisions, and partnerships are no exception. However perfectly you work with your partner, you will eventually find that you do not agree on every single detail. This is common, of course, but you also may find that you disagree on a crucial decision. These types of disagreements can be avoided by simply deciding not to partner with someone else.
Your business may also suffer if your partner makes poor business decisions without informing you. This is especially a problem when it comes to financial decisions. Your partner could run off with all the money and the idea, leaving you behind with absolutely nothing. The fact of the matter is that putting your trust into someone else can be scary, especially when it comes to your ideas and money.
Taking steps to insure your business is very important, especially when considering a business partnership. You should look into the different types of business insurance to be sure you choose the one that's right for you.
The Massacre Of Igbos: Okorocha’s Statement Very Unfortunate
Fellow concerned Nigerians, whose pain I share with visa-versa, I address you all under compulsion as a patriotic citizen of the federalRepublicofNigeriawith agony of helplessness and deep sense of responsibility. The aches from my tears of sorrow are uncontrollably wetting my lips to tremble because the answers to my many questions aboutNigeriaseem very far to reach.
You are probably asking; why this lamentation? You can ask that over and over again because your relatives are not involved in the killings in the north. I am lamenting because the massacre of the Christians in the north particularly the Igbos is painfully a reminiscent of the genocide in 1966 that led to the Nigerian Biafran war. I am lamenting because I am painfully mourning the deaths of fellows in the north and their forceful exodus is agonizingly evocative of another abandoned properties in the making. I am lamenting because the Igbos have always been at the receiving end at any crisis inNigeria, call it religion, politics or ethnicity they have always paid the ultimate price. I am lamenting because many of the Igbos that have been killed like idiots will get a mass burial in the north against Igbo tradition, that is, if their corpses are discovered. I am lamenting because President Goodluck Jonathan from a southern minority is the president ofNigeria, therefore everywhere should be ungovernable. Where is one love and unity? I am still lamenting and weeping because many of the Igbos in the north now are homeless refugees hiding without food in their stomachs and without knowing whether they will be killed in the next minute. If you beat a child at least it is fair enough to allow that child to cry out some emotions. I am crying because I am emotionally and psychologically down. News just got to me that a friend of mine was one of the people murdered in theKanobomb, thus, I am furious.
And with this at the back of my mind, if what was credited to Chief Rochas Okorocha, the governor of Imo state, in the media that the killing of the Igbos inKanowas a fabricated story should be true, then, it is very unfortunate. These were the words of Okorocha as described and quoted by Champion newspaper, “Okorocha told Governor Rabiu Kwankwaso that he was personally disturbed at the rate of phone calls and text messages that were sent to the east that many souls of Igbo people were killed in the multiple bomb blasts of Kano which necessitated his visit to see for himself. The Imo governor noted that on his arrival he went to Sabon Gari where many of his people live, ‘but after going round and meeting with virtually everybody all of them denied that the story of killings of Igbo people were cooked for unknown reason, as such they are baseless and unfounded’ He said already he had directed that all those that have started running away to stay behind as there was no basis for their leaving Kano …” This declaration is unacceptable when you remember the number of Igbos that were reported by Nigerian newspapers to have been murdered in that very particular bomb blast. This statement is disappointingly full of hopelessness for those Imolites that are still alive inKanoand had nursed the notion that their amiable governor would be magnanimous enough to understand the precarious danger they were in and rescue them from roaring lions. Alas! They have misconceived and must be disillusioned. In custom to traditions, it was very painful to see the agonizing faces of those bereaved families wailing in sorrow beside the graves of their departed ones in mark of respects to their final and untimely journey beyond. And Okorocha captured all this pitiful moments but yet decided to play politics with the emotions of the people by telling those affected to close their mouths and clean their crocodile tears because they were all fabricated deaths and burials.
I know that Okorocha has always been a political show man that likes playing to the gallery for accolades which turned him to an occasional traffic controller in Owerri and an economics teacher in the secondary schools as if he had had less works in the office. Because Okorocha is dreaming of the president seat ofNigeria, he has already started playing the dirty politics now with the lives of the Igbos annoyingly. Okorocha went toKanoto smoothen his presidential ambition and not on a mission of finding out the situation of the Igbos as he claimed. Here are the words of Ohaneze Ndigbo Chairman inKanostate Chief Tobias Idika refuting the claim of Okocha, “He came for his own political business. He did not come to see Ndigbo. He did not set foot in the community […] We have evidence of 55 dead Igbos – there names and their corpses …” According to information reaching me, Okorocha is scheming to remain the governor of Imo state in 2015 and then to contest the presidential election in 2019, and based on that he would not like to be seen as a tribalist. Hence, after meeting Governor Rabiu Kwankwaso, he ate ‘Suya’ and chewed ‘Gworo’ and made such regrettable proclamation because his families are not involved. Okorocha is a Nigerian and after being a governor he should be over qualified to aspire for the seat in Aso Rock but not deceptively by the way he did. We must be honest at all times and criticise objectively, Chief Rochas Okorocha is doing well in Imo state. But that is not the purpose of this article, but his statement inKano. I like Okorocha as a philanthropist that is putting smiles on the faces of the people but a square peg must be put in a round hole.
Because everything about the Igbos has been politicised in Nigeria to the extent that whenever an Igbo man stands up against injustice meted to a fellow Igbo which ordinarily the person would still have done if it had happened to a Benue man etc., the person is immediately branded a tribalist. Why do Igbo politicians allow themselves to be boxed into this state of shading away from the Igbo course or not openly identifying themselves with Igbo problems like other elites from other tribes? Is the civil war not over? Does it mean that every Igbo elite that speaks about injustice against Ndigbo wants secession, therefore has got no political future at the federal level? And obviously it was because of this mindset that Okorocha had told such a blatant lie about the dead Igbos for his presidential ideas to be accepted in the north as a nationalist or a patriot. It was exactly the same frame of mind that made Chief Jim Nwobodo in 1999 during PDP primaries in Jos to address the congregation in Hausa language without using Igbo language, but he forgot that he has been condemned irredeemably beyond his redemption to remain Igbo man till eternity. It is equally the same reason that makes the Igbo elites to abandon the harmless Igbo youths who are MOSSOB members to indiscriminate arrest and imprisonment in the hands of the authorities when the Hausa and Yoruba elites etc. never stopped protecting their youths under any forum. What is wrong with Igbos?
Okorocha should know that he is not more patriotic than some of us therefore he should call a spade a spade for all of us to have the desired atmosphere. It would be recalled that I had earlier supported Okorocha’s government through one of my articles titled “Igbo president may be the first president to be impeached inNigeria,” you can Google it. In that article I equally pointed out few things that were against ethics and norms of democracy and advised Okorocha from my point of view. In the same manner I advise him again to concentrate on giving Imolites dividend of democracy because his performance will catapult him to any height and should not get himself distracted with the presidential idea like the way he is going about it now. I equally advise him to beware of those green snakes in green grass that are in his cabinet. A late political juggernaut K.O Mbadiwe described them as a “political Edi Abali” (those that will be with you in the afternoon but in the night they move with their lanterns to your political enemies), they are very dangerous and be wary of them because they will betray you like they betrayed Chief Ikedi Ohakim. Rochas, this “political Edi Abali’s” are advising you to failure therefore, ignore them to save your political life and please as a temporarily safety measure send a rescue team to the north immediately and evacuate those Imolites that are willing to come back but are trapped financially or otherwise. In the same manner I advice all the eastern and south south governors to take politics out of this issue because life is very precious and save the lives of their indigenes because they are the primary targets.
The killings of the Christians in the north are ungodly, barbaric, and senseless and must stop now. Every honest Nigerian must rise in condemnation of this evil. Irrespective of tribe or religion it will always be beneficiary that we in unison at all times condemn wickedness whether it was meted to Yorubas, Hausas, Igbos or Efiks etc. for peace and tranquillity.
The Igbo people can survive in any place as long as life exist there because they are hard working and that is why they are welcomed and loved by many anywhere they go to. And because of their nature of openness, hospitality, friendliness and intelligence, thus, you find them in every part of Nigeria developing. They are the true symbol of one unity and as such the emblem of Nigeria is under threat again. Please Nigerians, this iniquity in the name of ethnic or religious killings must by all means be halted now before it escalates because no tribe, religion or group has got a monopoly of killing.
While I commiserate with the bereaved families and pray that God grants them fortitude to bear the loss, may the souls of the departed victims rest in peace, Amen.
My last respect for a brave man who saw tomorrow, the lion that guided his people, Eze Igbo gburugburu, the Ikemba of Nnewi, Colonel Emeka Odimegwu Ojukwu, Ijele Ndigbo, rest in peace until we see to part no more. Adieu!
Uzoma Ahamefule
A concerned patriotic citizen writes fromVienna,Austria.
Uzomaah@yahoo.com
+436604659620 (sms only)
Click here: http://globalreporters1.blogspot.com for more news.
Strategies of Courier Drivers
A courier can run into many problems over the course of a day - after all, no-one said that the delivery business would be easy! There are a few issues that do seem to keep cropping up time after time, though - and a few strategies that have been used by experienced drivers to help get them through the rough patches. Even if you aren't a professional delivery driver, and you're just hoping to make your journey a little smoother, there are a few tips and tricks to pick up that might just save you some gnashing of teeth on your next trip.
Planning Ahead
Wherever you're driving to, it's important to know the route! As any courier will be able to tell you, though, there are all kinds of different routes to be selected: the most efficient route, a wider loop, a route that takes in a necessary stop on the way, a meandering route that misses out trouble spots... there's an endless list of routes to almost any destination. The skill lies in selecting the right one that meets your needs, whether you're delivering a parcel, or making sure you have the quickest route for your school run.
Knowing the Ground
The only real way to effectively select your route is to know the what's available - and that requires knowing the ground. Imagine the famous 'knowledge' of a London cabbie, knowing all the streets and all the back lanes of London. A courier will have a similar base of knowledge about areas they commonly work in, and perhaps several such areas all over the country. Knowing the trouble spots (such as cramped junctions, or blind spots where accidents are more likely to occur) will help you construct different routes that will avoid them, or let you take a well-judged risk if there's no other alternative.
Being Adaptable
There is no point in determining multiple routes and knowing the ground if you continue to choose one to the exclusion of others. The benefit of knowing these multiple routes is that they can be switched between when the need arises, in order to allow a courier a measure of flexibility in getting from here to there. This type of flexibility in driving isn't achieved from having no plan, as many assume, but rather from having several options to choose from at any given point along a journey. Real driving flexibility is achieved by planning ahead, knowing the ground, and being able to choose the most efficient route with the details that those processes give a driver.
Planning Ahead
Wherever you're driving to, it's important to know the route! As any courier will be able to tell you, though, there are all kinds of different routes to be selected: the most efficient route, a wider loop, a route that takes in a necessary stop on the way, a meandering route that misses out trouble spots... there's an endless list of routes to almost any destination. The skill lies in selecting the right one that meets your needs, whether you're delivering a parcel, or making sure you have the quickest route for your school run.
Knowing the Ground
The only real way to effectively select your route is to know the what's available - and that requires knowing the ground. Imagine the famous 'knowledge' of a London cabbie, knowing all the streets and all the back lanes of London. A courier will have a similar base of knowledge about areas they commonly work in, and perhaps several such areas all over the country. Knowing the trouble spots (such as cramped junctions, or blind spots where accidents are more likely to occur) will help you construct different routes that will avoid them, or let you take a well-judged risk if there's no other alternative.
Being Adaptable
There is no point in determining multiple routes and knowing the ground if you continue to choose one to the exclusion of others. The benefit of knowing these multiple routes is that they can be switched between when the need arises, in order to allow a courier a measure of flexibility in getting from here to there. This type of flexibility in driving isn't achieved from having no plan, as many assume, but rather from having several options to choose from at any given point along a journey. Real driving flexibility is achieved by planning ahead, knowing the ground, and being able to choose the most efficient route with the details that those processes give a driver.
Norman Dulwich is a correspondent for Courier Exchange, the world's largest neutral trading hub for same day courier services in the express freight exchange industry. Over 2,500 transport exchange businesses are networked together through their website, trading jobs and capacity in a safe 'wholesale' environment.
Article Source:Article Source: http://EzineArticles.com/6853944
Does a Small Business Really Need a Business Valuation?
As a small business owner, are you interested or concerned with the worth or value of your business? You may be able to pull together an estimate based on financial records, but there are many other elements of the business that aid in determining value found both inside and outside of your financials. Gaining knowledge and understanding of your business' true value with real-time information to successfully facilitate short-term, medium-term, and long-range planning will provide company guidance and ultimately higher business value.
Often small business owners hear the term "business valuation" and believe such a document or service is strictly for owners seeking to buy or sell a business. While this thinking has truth, obtaining a business valuation annually offers any owner a thorough picture of their company's health with the ability to identify both strengths and weaknesses. Having such information and data is priceless and offers an invaluable tool to make critical strategic decisions.
Running a business of any size requires much work, dedication, and sometimes some luck. Because most small business owners wear numerous hats in the company, it is difficult for them to see the proverbial forest from the trees, where weaknesses lie in the company's armor. As the business owner, your responsibility requires your objective decision-making abilities to make decisions understanding what is best for the health and longevity of the company. A business valuation is absolutely critical to obtain information to review, analyze, and evaluate the different aspects of your business.
Through the valuation process, a professional financial analyst reviews company financials and other tangible and intangible aspects to make a determination of the fair market value of the company. The valuation expert will help identify weaknesses in the company and offer remedies to help fix the issue as well as preventing such issues from reoccurring. Often, small over-expenditures such as high vendor costs or holding an excess of inventory can turn your business around on a positive level. The savings may seem small but over the course of the year adds up to substantial savings in this example.
A business valuation grants business owners with valuable insight to assist in decision-making and forward planning. Regardless of the size of your business, obtaining a business valuation will provide tangible and positive benefit. In the uncertain times of the economy, having such peace of mind of your business value offers a concrete level of understanding and certainty.
Often small business owners hear the term "business valuation" and believe such a document or service is strictly for owners seeking to buy or sell a business. While this thinking has truth, obtaining a business valuation annually offers any owner a thorough picture of their company's health with the ability to identify both strengths and weaknesses. Having such information and data is priceless and offers an invaluable tool to make critical strategic decisions.
Running a business of any size requires much work, dedication, and sometimes some luck. Because most small business owners wear numerous hats in the company, it is difficult for them to see the proverbial forest from the trees, where weaknesses lie in the company's armor. As the business owner, your responsibility requires your objective decision-making abilities to make decisions understanding what is best for the health and longevity of the company. A business valuation is absolutely critical to obtain information to review, analyze, and evaluate the different aspects of your business.
Through the valuation process, a professional financial analyst reviews company financials and other tangible and intangible aspects to make a determination of the fair market value of the company. The valuation expert will help identify weaknesses in the company and offer remedies to help fix the issue as well as preventing such issues from reoccurring. Often, small over-expenditures such as high vendor costs or holding an excess of inventory can turn your business around on a positive level. The savings may seem small but over the course of the year adds up to substantial savings in this example.
A business valuation grants business owners with valuable insight to assist in decision-making and forward planning. Regardless of the size of your business, obtaining a business valuation will provide tangible and positive benefit. In the uncertain times of the economy, having such peace of mind of your business value offers a concrete level of understanding and certainty.
eBusinessAppraisals.com provides an affordable, custom business appraisal to help determine your business worth. Our work bridges the gap between ineffective, cookie-cutter software and high-ticket business valuation services allowing business leaders with limited budgets access to the information they need to make smart business decisions.
Article Source:Principles of Financial Success You Must Know (Part 1)
Financial success simply means the achievement of the financial status you have dreamt of. What has been your dream? Is it to become a billionaire, a millionaire or simply to be able to afford three square meals daily? Whatever dream you have, you should know that they are realizable if you set out to pursue them diligently and vigorously.
Some people erroneously believe that the only way to succeed in life is to work hard, harder and harder. It is actually good to work hard because success does not come on a platter of gold. But it takes more than just hard work alone to succeed in your business or financial life.
If your desire is to succeed after reading this article and after participating in my training course, then you have to be prepared to observe the following principles:
1. Spend less than you earn: In order to get financial liberty one needs to spend less than one earns. You must not consume everything you earn at the end of each month. You must have something left from your salary or business profits: don't spend everything without anything to save for the future. It is the one that you have left at the end of your expenses that contributes to make you rich, not what you spent. Your expenses actually make you poorer and make someone else richer. So when next you are tempted to spend the whole of your monthly salary you should resist the temptation.
2. Pay yourself first: It is strange to so many people that they should first pay themselves before making any expenses from their monthly income. When you receive your salary/wage for instance, you have to remove your tithe first; then pay yourself certain percentage (say 5-10%) of your income before spending the rest on whatever you desire.
3. Plan for uncertainty: Always envisage problems and think of a way of overcoming such problems should they arise in the future. Think of you, your wife or your child falling sick suddenly. Think of you being presented with an opportunity to buy a valuable property at a very cheap price. Imagine a company you have been waiting to invest in suddenly presenting you with the opportunity to buy its stock. You must have some money kept in a separate account to take care of such situations. Make sure to deposit some amounts into such account periodically.
4. Be financially literate: Business success requires some level of financial training. For you to win a gold medal in athletics you need physical training; in order to succeed in farming you need basic training in farming or agricultural science. To be a successful engineer you need to attend a university, polytechnic or a technical college. In the same vein, business and financial management require basic training for one to do well. You should not jump into a business where you have no basic or elementary knowledge otherwise you will loose your hard-earned income.
5. Set long term goals: You need to set long-term goals and work towards achieving them. You must define where you wish to be in the next 1, 5, 10, 15 or 20 years. Knowing where you want to be would propel you into working out the modalities for getting there. If possible, write down your goals and keep them close to where you can see them often. Reading them often would keep reminding you that you have unfinished task that needs to be accomplished.
Some people erroneously believe that the only way to succeed in life is to work hard, harder and harder. It is actually good to work hard because success does not come on a platter of gold. But it takes more than just hard work alone to succeed in your business or financial life.
If your desire is to succeed after reading this article and after participating in my training course, then you have to be prepared to observe the following principles:
1. Spend less than you earn: In order to get financial liberty one needs to spend less than one earns. You must not consume everything you earn at the end of each month. You must have something left from your salary or business profits: don't spend everything without anything to save for the future. It is the one that you have left at the end of your expenses that contributes to make you rich, not what you spent. Your expenses actually make you poorer and make someone else richer. So when next you are tempted to spend the whole of your monthly salary you should resist the temptation.
2. Pay yourself first: It is strange to so many people that they should first pay themselves before making any expenses from their monthly income. When you receive your salary/wage for instance, you have to remove your tithe first; then pay yourself certain percentage (say 5-10%) of your income before spending the rest on whatever you desire.
3. Plan for uncertainty: Always envisage problems and think of a way of overcoming such problems should they arise in the future. Think of you, your wife or your child falling sick suddenly. Think of you being presented with an opportunity to buy a valuable property at a very cheap price. Imagine a company you have been waiting to invest in suddenly presenting you with the opportunity to buy its stock. You must have some money kept in a separate account to take care of such situations. Make sure to deposit some amounts into such account periodically.
4. Be financially literate: Business success requires some level of financial training. For you to win a gold medal in athletics you need physical training; in order to succeed in farming you need basic training in farming or agricultural science. To be a successful engineer you need to attend a university, polytechnic or a technical college. In the same vein, business and financial management require basic training for one to do well. You should not jump into a business where you have no basic or elementary knowledge otherwise you will loose your hard-earned income.
5. Set long term goals: You need to set long-term goals and work towards achieving them. You must define where you wish to be in the next 1, 5, 10, 15 or 20 years. Knowing where you want to be would propel you into working out the modalities for getting there. If possible, write down your goals and keep them close to where you can see them often. Reading them often would keep reminding you that you have unfinished task that needs to be accomplished.
Joseph Ezie Efoghor is a small business manager. he is helping a lot of people reposition their small businesses through his success tips. He has touched many lives through his style of writing. Get more tips to help your small business at
Top Ten Tips for Overcoming Perfectionism and Procrastination
One of the bigger causes of stress in modern life is knowing that you have to get something done and just not being able to bring yourself to do it. That report is due on Friday. You've known about it for a month, but here it is Wednesday and you haven't written a word. Those thank you notes should have been sent out 2 weeks ago, and the cards are still in the wrapper. You know you would feel better with these tasks behind you instead of looming in front of you. It would seem simple enough really. Something needs to be done. So why don't you just do it?
There are two answers really. Procrastination and perfectionism. And they are terrifically intertwined with each other. You don't just want to do it. You want to do it to perfection. And if you don't believe you can do it to perfection, you choose instead to not do it at all.
Since that really isn't any way to get anything done, and we do in life need to get things done, I've come up with ten tips to defeat this deadly duo:
1. Divide the task up into smaller chunks.
Getting a little done every day keeps you moving forward toward completion, which of course is the ultimate goal. It also develops a habit of doing instead of just thinking. Try the 3% Rule. Aim to do 3% of the task every day and pretty soon you will have it completed, no sweat. And the secret is, that once you make a start, often you will do far more than 3%.
2. Create a schedule.
Make it more than a to do list. Plot out the tasks and the time it will take to complete the tasks, and schedule them into your day. Be realistic, but don't allow much more time than you think you need for each chunk. (That would give you the impression that you have time to waste, and you will tend to go ahead and waste it).
3. Just start.
Focus on the smallest of goals, the goal of starting. Don't think about what comes next. Just start. Once you've done this, celebrate it. Then and only then, move on.
4. Go with the flow.
If you feel inspired to work on your task, just do it. Use your motivation when you have it. Don't assume it will still be with you later.
5. Create a reminder of why you're doing this in the first place.
What value does it have? Even if the value is simply the relief you'll feel when the task is complete. Remind yourself of that value. It will serve as much-needed motivation.
6. Once you set a target for the completion of the small task, make it non-negotiable.
It must be done or else. If you give yourself wiggle room, you will take it. This will help with creating that habit of completing tasks and moving on.
7. Remove the "it's got to be perfect" mentality from the process.
If you have to go back over it later to edit it or touch it up, then so be it. Just don't let the need to be perfect right off the bat get in the way of actually doing it. There is a phrase -"write for the bin." It means, deliberately write or do your work knowing it may not be good enough. That way you will have the base material to edit and change. Practice being "imperfect" to develop the habit of just doing it and breaking the perfectionism impulse.
8. Practice "good enough"
Not everything does have to be perfect. Apply appropriate standards. If it's an email to a peer level co-worker, does every word really need to be laboured over? Save that level of care for situations that call for it.
9. Forget the other perfectionists out there.
Don't set yourself up to be judged by others. Everyone has their opinions, and not everyone is going to love everything you do. Besides, they have their own stuff to worry about.
10. Realize that nobody is going to scrutinize your work as closely as you do.
The recipients of your thank you cards will not be scouring the notes looking for lack of appropriate sentiment and dangling participles. They will be glad you took the time to appreciate them.
So the next time you're faced with a daunting project that you just can't get yourself to tackle, remember the perils of procrastination and perfectionism. Then remember these top ten tips to beat them back.
There are two answers really. Procrastination and perfectionism. And they are terrifically intertwined with each other. You don't just want to do it. You want to do it to perfection. And if you don't believe you can do it to perfection, you choose instead to not do it at all.
Since that really isn't any way to get anything done, and we do in life need to get things done, I've come up with ten tips to defeat this deadly duo:
1. Divide the task up into smaller chunks.
Getting a little done every day keeps you moving forward toward completion, which of course is the ultimate goal. It also develops a habit of doing instead of just thinking. Try the 3% Rule. Aim to do 3% of the task every day and pretty soon you will have it completed, no sweat. And the secret is, that once you make a start, often you will do far more than 3%.
2. Create a schedule.
Make it more than a to do list. Plot out the tasks and the time it will take to complete the tasks, and schedule them into your day. Be realistic, but don't allow much more time than you think you need for each chunk. (That would give you the impression that you have time to waste, and you will tend to go ahead and waste it).
3. Just start.
Focus on the smallest of goals, the goal of starting. Don't think about what comes next. Just start. Once you've done this, celebrate it. Then and only then, move on.
4. Go with the flow.
If you feel inspired to work on your task, just do it. Use your motivation when you have it. Don't assume it will still be with you later.
5. Create a reminder of why you're doing this in the first place.
What value does it have? Even if the value is simply the relief you'll feel when the task is complete. Remind yourself of that value. It will serve as much-needed motivation.
6. Once you set a target for the completion of the small task, make it non-negotiable.
It must be done or else. If you give yourself wiggle room, you will take it. This will help with creating that habit of completing tasks and moving on.
7. Remove the "it's got to be perfect" mentality from the process.
If you have to go back over it later to edit it or touch it up, then so be it. Just don't let the need to be perfect right off the bat get in the way of actually doing it. There is a phrase -"write for the bin." It means, deliberately write or do your work knowing it may not be good enough. That way you will have the base material to edit and change. Practice being "imperfect" to develop the habit of just doing it and breaking the perfectionism impulse.
8. Practice "good enough"
Not everything does have to be perfect. Apply appropriate standards. If it's an email to a peer level co-worker, does every word really need to be laboured over? Save that level of care for situations that call for it.
9. Forget the other perfectionists out there.
Don't set yourself up to be judged by others. Everyone has their opinions, and not everyone is going to love everything you do. Besides, they have their own stuff to worry about.
10. Realize that nobody is going to scrutinize your work as closely as you do.
The recipients of your thank you cards will not be scouring the notes looking for lack of appropriate sentiment and dangling participles. They will be glad you took the time to appreciate them.
So the next time you're faced with a daunting project that you just can't get yourself to tackle, remember the perils of procrastination and perfectionism. Then remember these top ten tips to beat them back.
Hi, I'm Dave Algeo, the Stress(ed) Guru. I am all about making stress manageable and improving performance and well-being.
Through learning, humour and interaction, the message is loud and clear....
'Stress can be managed to improve motivation, health and vitality leading to greater personal and professional success and life satisfaction.'
With a policing background spanning 19 years, over 13 of which as an operational Sergeant, I have witnessed, experienced and worked with stress in its many forms. From the traumatic to the trying, i know the mechanics of stress and the impact it can have on people and performance.
Whilst stress can be perceived as a negative force, it can be managed effectively using proven techniques and an individual approach.
Through learning, humour and interaction, the message is loud and clear....
'Stress can be managed to improve motivation, health and vitality leading to greater personal and professional success and life satisfaction.'
With a policing background spanning 19 years, over 13 of which as an operational Sergeant, I have witnessed, experienced and worked with stress in its many forms. From the traumatic to the trying, i know the mechanics of stress and the impact it can have on people and performance.
Whilst stress can be perceived as a negative force, it can be managed effectively using proven techniques and an individual approach.
Thursday, 23 February 2012
Are Business Partners Necessary?
07:56
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You are a brand new entrepreneur. You have a great idea for a small business, an excellent business plan and you are ready to get started on executing it. The only thing you are missing, in your opinion, is a business partner. But are you sure you need one? There are several advantages and disadvantages to bringing on a business partner, many that you may have already considered. Ultimately, the choice is yours and should be based on what will be the best for your business plan. Business partners can be both a blessing and a nuisance, and sometimes even a downright curse to you and your growing business. You should decide very carefully whether you actually need a partner.
The great news is that a business partner is not a requirement for starting a business. However, your business plan may be so complex that you might feel you need someone to help shoulder the workload. Also, when it comes to brand new business ideas like startups, having more than one person looking at the plans and ideas can help with understanding whether they are feasible or too outrageous. Having a business partner is an excellent way to filter your ideas through someone else before deciding to go ahead with them.
Sometimes the best thing you can do for your business idea is to start a partnership with someone who has certain skills and talents that you do not possess. Having access to other skills that you may not have can be wonderful for startups because you do not have to hire several people to fill in for what you lack. You may luck out and choose a business partner who complements you in all the ways needed.
You should know that one of the greatest advantages to partnering up with someone is the fact that partnerships do not pay income tax. You will still have to file a tax return, but you will not be paying taxes on the income, which is great news. However, do not make this decision simply based on this fact. There are also several disadvantages to having business partners.
Disagreements are bound to happen when more than one person is making decisions, and partnerships are no exception. However perfectly you work with your partner, you will eventually find that you do not agree on every single detail. This is common, of course, but you also may find that you disagree on a crucial decision. These types of disagreements can be avoided by simply deciding not to partner with someone else.
Your business may also suffer if your partner makes poor business decisions without informing you. This is especially a problem when it comes to financial decisions. Your partner could run off with all the money and the idea, leaving you behind with absolutely nothing. The fact of the matter is that putting your trust into someone else can be scary, especially when it comes to your ideas and money.
Taking steps to insure your business is very important, especially when considering a business partnership. You should look into the different types of business insurance to be sure you choose the one that's right for you.
The great news is that a business partner is not a requirement for starting a business. However, your business plan may be so complex that you might feel you need someone to help shoulder the workload. Also, when it comes to brand new business ideas like startups, having more than one person looking at the plans and ideas can help with understanding whether they are feasible or too outrageous. Having a business partner is an excellent way to filter your ideas through someone else before deciding to go ahead with them.
Sometimes the best thing you can do for your business idea is to start a partnership with someone who has certain skills and talents that you do not possess. Having access to other skills that you may not have can be wonderful for startups because you do not have to hire several people to fill in for what you lack. You may luck out and choose a business partner who complements you in all the ways needed.
You should know that one of the greatest advantages to partnering up with someone is the fact that partnerships do not pay income tax. You will still have to file a tax return, but you will not be paying taxes on the income, which is great news. However, do not make this decision simply based on this fact. There are also several disadvantages to having business partners.
Disagreements are bound to happen when more than one person is making decisions, and partnerships are no exception. However perfectly you work with your partner, you will eventually find that you do not agree on every single detail. This is common, of course, but you also may find that you disagree on a crucial decision. These types of disagreements can be avoided by simply deciding not to partner with someone else.
Your business may also suffer if your partner makes poor business decisions without informing you. This is especially a problem when it comes to financial decisions. Your partner could run off with all the money and the idea, leaving you behind with absolutely nothing. The fact of the matter is that putting your trust into someone else can be scary, especially when it comes to your ideas and money.
Taking steps to insure your business is very important, especially when considering a business partnership. You should look into the different types of business insurance to be sure you choose the one that's right for you.
Saturday, 18 February 2012
The Massacre Of Igbos: Okorocha’s Statement Very Unfortunate
00:33
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Fellow concerned Nigerians, whose pain I share with visa-versa, I address you all under compulsion as a patriotic citizen of the federalRepublicofNigeriawith agony of helplessness and deep sense of responsibility. The aches from my tears of sorrow are uncontrollably wetting my lips to tremble because the answers to my many questions aboutNigeriaseem very far to reach.
You are probably asking; why this lamentation? You can ask that over and over again because your relatives are not involved in the killings in the north. I am lamenting because the massacre of the Christians in the north particularly the Igbos is painfully a reminiscent of the genocide in 1966 that led to the Nigerian Biafran war. I am lamenting because I am painfully mourning the deaths of fellows in the north and their forceful exodus is agonizingly evocative of another abandoned properties in the making. I am lamenting because the Igbos have always been at the receiving end at any crisis inNigeria, call it religion, politics or ethnicity they have always paid the ultimate price. I am lamenting because many of the Igbos that have been killed like idiots will get a mass burial in the north against Igbo tradition, that is, if their corpses are discovered. I am lamenting because President Goodluck Jonathan from a southern minority is the president ofNigeria, therefore everywhere should be ungovernable. Where is one love and unity? I am still lamenting and weeping because many of the Igbos in the north now are homeless refugees hiding without food in their stomachs and without knowing whether they will be killed in the next minute. If you beat a child at least it is fair enough to allow that child to cry out some emotions. I am crying because I am emotionally and psychologically down. News just got to me that a friend of mine was one of the people murdered in theKanobomb, thus, I am furious.
And with this at the back of my mind, if what was credited to Chief Rochas Okorocha, the governor of Imo state, in the media that the killing of the Igbos inKanowas a fabricated story should be true, then, it is very unfortunate. These were the words of Okorocha as described and quoted by Champion newspaper, “Okorocha told Governor Rabiu Kwankwaso that he was personally disturbed at the rate of phone calls and text messages that were sent to the east that many souls of Igbo people were killed in the multiple bomb blasts of Kano which necessitated his visit to see for himself. The Imo governor noted that on his arrival he went to Sabon Gari where many of his people live, ‘but after going round and meeting with virtually everybody all of them denied that the story of killings of Igbo people were cooked for unknown reason, as such they are baseless and unfounded’ He said already he had directed that all those that have started running away to stay behind as there was no basis for their leaving Kano …” This declaration is unacceptable when you remember the number of Igbos that were reported by Nigerian newspapers to have been murdered in that very particular bomb blast. This statement is disappointingly full of hopelessness for those Imolites that are still alive inKanoand had nursed the notion that their amiable governor would be magnanimous enough to understand the precarious danger they were in and rescue them from roaring lions. Alas! They have misconceived and must be disillusioned. In custom to traditions, it was very painful to see the agonizing faces of those bereaved families wailing in sorrow beside the graves of their departed ones in mark of respects to their final and untimely journey beyond. And Okorocha captured all this pitiful moments but yet decided to play politics with the emotions of the people by telling those affected to close their mouths and clean their crocodile tears because they were all fabricated deaths and burials.
I know that Okorocha has always been a political show man that likes playing to the gallery for accolades which turned him to an occasional traffic controller in Owerri and an economics teacher in the secondary schools as if he had had less works in the office. Because Okorocha is dreaming of the president seat ofNigeria, he has already started playing the dirty politics now with the lives of the Igbos annoyingly. Okorocha went toKanoto smoothen his presidential ambition and not on a mission of finding out the situation of the Igbos as he claimed. Here are the words of Ohaneze Ndigbo Chairman inKanostate Chief Tobias Idika refuting the claim of Okocha, “He came for his own political business. He did not come to see Ndigbo. He did not set foot in the community […] We have evidence of 55 dead Igbos – there names and their corpses …” According to information reaching me, Okorocha is scheming to remain the governor of Imo state in 2015 and then to contest the presidential election in 2019, and based on that he would not like to be seen as a tribalist. Hence, after meeting Governor Rabiu Kwankwaso, he ate ‘Suya’ and chewed ‘Gworo’ and made such regrettable proclamation because his families are not involved. Okorocha is a Nigerian and after being a governor he should be over qualified to aspire for the seat in Aso Rock but not deceptively by the way he did. We must be honest at all times and criticise objectively, Chief Rochas Okorocha is doing well in Imo state. But that is not the purpose of this article, but his statement inKano. I like Okorocha as a philanthropist that is putting smiles on the faces of the people but a square peg must be put in a round hole.
Because everything about the Igbos has been politicised in Nigeria to the extent that whenever an Igbo man stands up against injustice meted to a fellow Igbo which ordinarily the person would still have done if it had happened to a Benue man etc., the person is immediately branded a tribalist. Why do Igbo politicians allow themselves to be boxed into this state of shading away from the Igbo course or not openly identifying themselves with Igbo problems like other elites from other tribes? Is the civil war not over? Does it mean that every Igbo elite that speaks about injustice against Ndigbo wants secession, therefore has got no political future at the federal level? And obviously it was because of this mindset that Okorocha had told such a blatant lie about the dead Igbos for his presidential ideas to be accepted in the north as a nationalist or a patriot. It was exactly the same frame of mind that made Chief Jim Nwobodo in 1999 during PDP primaries in Jos to address the congregation in Hausa language without using Igbo language, but he forgot that he has been condemned irredeemably beyond his redemption to remain Igbo man till eternity. It is equally the same reason that makes the Igbo elites to abandon the harmless Igbo youths who are MOSSOB members to indiscriminate arrest and imprisonment in the hands of the authorities when the Hausa and Yoruba elites etc. never stopped protecting their youths under any forum. What is wrong with Igbos?
Okorocha should know that he is not more patriotic than some of us therefore he should call a spade a spade for all of us to have the desired atmosphere. It would be recalled that I had earlier supported Okorocha’s government through one of my articles titled “Igbo president may be the first president to be impeached inNigeria,” you can Google it. In that article I equally pointed out few things that were against ethics and norms of democracy and advised Okorocha from my point of view. In the same manner I advise him again to concentrate on giving Imolites dividend of democracy because his performance will catapult him to any height and should not get himself distracted with the presidential idea like the way he is going about it now. I equally advise him to beware of those green snakes in green grass that are in his cabinet. A late political juggernaut K.O Mbadiwe described them as a “political Edi Abali” (those that will be with you in the afternoon but in the night they move with their lanterns to your political enemies), they are very dangerous and be wary of them because they will betray you like they betrayed Chief Ikedi Ohakim. Rochas, this “political Edi Abali’s” are advising you to failure therefore, ignore them to save your political life and please as a temporarily safety measure send a rescue team to the north immediately and evacuate those Imolites that are willing to come back but are trapped financially or otherwise. In the same manner I advice all the eastern and south south governors to take politics out of this issue because life is very precious and save the lives of their indigenes because they are the primary targets.
The killings of the Christians in the north are ungodly, barbaric, and senseless and must stop now. Every honest Nigerian must rise in condemnation of this evil. Irrespective of tribe or religion it will always be beneficiary that we in unison at all times condemn wickedness whether it was meted to Yorubas, Hausas, Igbos or Efiks etc. for peace and tranquillity.
The Igbo people can survive in any place as long as life exist there because they are hard working and that is why they are welcomed and loved by many anywhere they go to. And because of their nature of openness, hospitality, friendliness and intelligence, thus, you find them in every part of Nigeria developing. They are the true symbol of one unity and as such the emblem of Nigeria is under threat again. Please Nigerians, this iniquity in the name of ethnic or religious killings must by all means be halted now before it escalates because no tribe, religion or group has got a monopoly of killing.
While I commiserate with the bereaved families and pray that God grants them fortitude to bear the loss, may the souls of the departed victims rest in peace, Amen.
My last respect for a brave man who saw tomorrow, the lion that guided his people, Eze Igbo gburugburu, the Ikemba of Nnewi, Colonel Emeka Odimegwu Ojukwu, Ijele Ndigbo, rest in peace until we see to part no more. Adieu!
Uzoma Ahamefule
A concerned patriotic citizen writes fromVienna,Austria.
Uzomaah@yahoo.com
+436604659620 (sms only)
Click here: http://globalreporters1.blogspot.com for more news.
Thursday, 2 February 2012
Strategies of Courier Drivers
10:38
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A courier can run into many problems over the course of a day - after all, no-one said that the delivery business would be easy! There are a few issues that do seem to keep cropping up time after time, though - and a few strategies that have been used by experienced drivers to help get them through the rough patches. Even if you aren't a professional delivery driver, and you're just hoping to make your journey a little smoother, there are a few tips and tricks to pick up that might just save you some gnashing of teeth on your next trip.
Planning Ahead
Wherever you're driving to, it's important to know the route! As any courier will be able to tell you, though, there are all kinds of different routes to be selected: the most efficient route, a wider loop, a route that takes in a necessary stop on the way, a meandering route that misses out trouble spots... there's an endless list of routes to almost any destination. The skill lies in selecting the right one that meets your needs, whether you're delivering a parcel, or making sure you have the quickest route for your school run.
Knowing the Ground
The only real way to effectively select your route is to know the what's available - and that requires knowing the ground. Imagine the famous 'knowledge' of a London cabbie, knowing all the streets and all the back lanes of London. A courier will have a similar base of knowledge about areas they commonly work in, and perhaps several such areas all over the country. Knowing the trouble spots (such as cramped junctions, or blind spots where accidents are more likely to occur) will help you construct different routes that will avoid them, or let you take a well-judged risk if there's no other alternative.
Being Adaptable
There is no point in determining multiple routes and knowing the ground if you continue to choose one to the exclusion of others. The benefit of knowing these multiple routes is that they can be switched between when the need arises, in order to allow a courier a measure of flexibility in getting from here to there. This type of flexibility in driving isn't achieved from having no plan, as many assume, but rather from having several options to choose from at any given point along a journey. Real driving flexibility is achieved by planning ahead, knowing the ground, and being able to choose the most efficient route with the details that those processes give a driver.
Planning Ahead
Wherever you're driving to, it's important to know the route! As any courier will be able to tell you, though, there are all kinds of different routes to be selected: the most efficient route, a wider loop, a route that takes in a necessary stop on the way, a meandering route that misses out trouble spots... there's an endless list of routes to almost any destination. The skill lies in selecting the right one that meets your needs, whether you're delivering a parcel, or making sure you have the quickest route for your school run.
Knowing the Ground
The only real way to effectively select your route is to know the what's available - and that requires knowing the ground. Imagine the famous 'knowledge' of a London cabbie, knowing all the streets and all the back lanes of London. A courier will have a similar base of knowledge about areas they commonly work in, and perhaps several such areas all over the country. Knowing the trouble spots (such as cramped junctions, or blind spots where accidents are more likely to occur) will help you construct different routes that will avoid them, or let you take a well-judged risk if there's no other alternative.
Being Adaptable
There is no point in determining multiple routes and knowing the ground if you continue to choose one to the exclusion of others. The benefit of knowing these multiple routes is that they can be switched between when the need arises, in order to allow a courier a measure of flexibility in getting from here to there. This type of flexibility in driving isn't achieved from having no plan, as many assume, but rather from having several options to choose from at any given point along a journey. Real driving flexibility is achieved by planning ahead, knowing the ground, and being able to choose the most efficient route with the details that those processes give a driver.
Norman Dulwich is a correspondent for Courier Exchange, the world's largest neutral trading hub for same day courier services in the express freight exchange industry. Over 2,500 transport exchange businesses are networked together through their website, trading jobs and capacity in a safe 'wholesale' environment.
Article Source:Article Source: http://EzineArticles.com/6853944
Does a Small Business Really Need a Business Valuation?
10:33
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As a small business owner, are you interested or concerned with the worth or value of your business? You may be able to pull together an estimate based on financial records, but there are many other elements of the business that aid in determining value found both inside and outside of your financials. Gaining knowledge and understanding of your business' true value with real-time information to successfully facilitate short-term, medium-term, and long-range planning will provide company guidance and ultimately higher business value.
Often small business owners hear the term "business valuation" and believe such a document or service is strictly for owners seeking to buy or sell a business. While this thinking has truth, obtaining a business valuation annually offers any owner a thorough picture of their company's health with the ability to identify both strengths and weaknesses. Having such information and data is priceless and offers an invaluable tool to make critical strategic decisions.
Running a business of any size requires much work, dedication, and sometimes some luck. Because most small business owners wear numerous hats in the company, it is difficult for them to see the proverbial forest from the trees, where weaknesses lie in the company's armor. As the business owner, your responsibility requires your objective decision-making abilities to make decisions understanding what is best for the health and longevity of the company. A business valuation is absolutely critical to obtain information to review, analyze, and evaluate the different aspects of your business.
Through the valuation process, a professional financial analyst reviews company financials and other tangible and intangible aspects to make a determination of the fair market value of the company. The valuation expert will help identify weaknesses in the company and offer remedies to help fix the issue as well as preventing such issues from reoccurring. Often, small over-expenditures such as high vendor costs or holding an excess of inventory can turn your business around on a positive level. The savings may seem small but over the course of the year adds up to substantial savings in this example.
A business valuation grants business owners with valuable insight to assist in decision-making and forward planning. Regardless of the size of your business, obtaining a business valuation will provide tangible and positive benefit. In the uncertain times of the economy, having such peace of mind of your business value offers a concrete level of understanding and certainty.
Often small business owners hear the term "business valuation" and believe such a document or service is strictly for owners seeking to buy or sell a business. While this thinking has truth, obtaining a business valuation annually offers any owner a thorough picture of their company's health with the ability to identify both strengths and weaknesses. Having such information and data is priceless and offers an invaluable tool to make critical strategic decisions.
Running a business of any size requires much work, dedication, and sometimes some luck. Because most small business owners wear numerous hats in the company, it is difficult for them to see the proverbial forest from the trees, where weaknesses lie in the company's armor. As the business owner, your responsibility requires your objective decision-making abilities to make decisions understanding what is best for the health and longevity of the company. A business valuation is absolutely critical to obtain information to review, analyze, and evaluate the different aspects of your business.
Through the valuation process, a professional financial analyst reviews company financials and other tangible and intangible aspects to make a determination of the fair market value of the company. The valuation expert will help identify weaknesses in the company and offer remedies to help fix the issue as well as preventing such issues from reoccurring. Often, small over-expenditures such as high vendor costs or holding an excess of inventory can turn your business around on a positive level. The savings may seem small but over the course of the year adds up to substantial savings in this example.
A business valuation grants business owners with valuable insight to assist in decision-making and forward planning. Regardless of the size of your business, obtaining a business valuation will provide tangible and positive benefit. In the uncertain times of the economy, having such peace of mind of your business value offers a concrete level of understanding and certainty.
eBusinessAppraisals.com provides an affordable, custom business appraisal to help determine your business worth. Our work bridges the gap between ineffective, cookie-cutter software and high-ticket business valuation services allowing business leaders with limited budgets access to the information they need to make smart business decisions.
Article Source:Principles of Financial Success You Must Know (Part 1)
10:23
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Financial success simply means the achievement of the financial status you have dreamt of. What has been your dream? Is it to become a billionaire, a millionaire or simply to be able to afford three square meals daily? Whatever dream you have, you should know that they are realizable if you set out to pursue them diligently and vigorously.
Some people erroneously believe that the only way to succeed in life is to work hard, harder and harder. It is actually good to work hard because success does not come on a platter of gold. But it takes more than just hard work alone to succeed in your business or financial life.
If your desire is to succeed after reading this article and after participating in my training course, then you have to be prepared to observe the following principles:
1. Spend less than you earn: In order to get financial liberty one needs to spend less than one earns. You must not consume everything you earn at the end of each month. You must have something left from your salary or business profits: don't spend everything without anything to save for the future. It is the one that you have left at the end of your expenses that contributes to make you rich, not what you spent. Your expenses actually make you poorer and make someone else richer. So when next you are tempted to spend the whole of your monthly salary you should resist the temptation.
2. Pay yourself first: It is strange to so many people that they should first pay themselves before making any expenses from their monthly income. When you receive your salary/wage for instance, you have to remove your tithe first; then pay yourself certain percentage (say 5-10%) of your income before spending the rest on whatever you desire.
3. Plan for uncertainty: Always envisage problems and think of a way of overcoming such problems should they arise in the future. Think of you, your wife or your child falling sick suddenly. Think of you being presented with an opportunity to buy a valuable property at a very cheap price. Imagine a company you have been waiting to invest in suddenly presenting you with the opportunity to buy its stock. You must have some money kept in a separate account to take care of such situations. Make sure to deposit some amounts into such account periodically.
4. Be financially literate: Business success requires some level of financial training. For you to win a gold medal in athletics you need physical training; in order to succeed in farming you need basic training in farming or agricultural science. To be a successful engineer you need to attend a university, polytechnic or a technical college. In the same vein, business and financial management require basic training for one to do well. You should not jump into a business where you have no basic or elementary knowledge otherwise you will loose your hard-earned income.
5. Set long term goals: You need to set long-term goals and work towards achieving them. You must define where you wish to be in the next 1, 5, 10, 15 or 20 years. Knowing where you want to be would propel you into working out the modalities for getting there. If possible, write down your goals and keep them close to where you can see them often. Reading them often would keep reminding you that you have unfinished task that needs to be accomplished.
Some people erroneously believe that the only way to succeed in life is to work hard, harder and harder. It is actually good to work hard because success does not come on a platter of gold. But it takes more than just hard work alone to succeed in your business or financial life.
If your desire is to succeed after reading this article and after participating in my training course, then you have to be prepared to observe the following principles:
1. Spend less than you earn: In order to get financial liberty one needs to spend less than one earns. You must not consume everything you earn at the end of each month. You must have something left from your salary or business profits: don't spend everything without anything to save for the future. It is the one that you have left at the end of your expenses that contributes to make you rich, not what you spent. Your expenses actually make you poorer and make someone else richer. So when next you are tempted to spend the whole of your monthly salary you should resist the temptation.
2. Pay yourself first: It is strange to so many people that they should first pay themselves before making any expenses from their monthly income. When you receive your salary/wage for instance, you have to remove your tithe first; then pay yourself certain percentage (say 5-10%) of your income before spending the rest on whatever you desire.
3. Plan for uncertainty: Always envisage problems and think of a way of overcoming such problems should they arise in the future. Think of you, your wife or your child falling sick suddenly. Think of you being presented with an opportunity to buy a valuable property at a very cheap price. Imagine a company you have been waiting to invest in suddenly presenting you with the opportunity to buy its stock. You must have some money kept in a separate account to take care of such situations. Make sure to deposit some amounts into such account periodically.
4. Be financially literate: Business success requires some level of financial training. For you to win a gold medal in athletics you need physical training; in order to succeed in farming you need basic training in farming or agricultural science. To be a successful engineer you need to attend a university, polytechnic or a technical college. In the same vein, business and financial management require basic training for one to do well. You should not jump into a business where you have no basic or elementary knowledge otherwise you will loose your hard-earned income.
5. Set long term goals: You need to set long-term goals and work towards achieving them. You must define where you wish to be in the next 1, 5, 10, 15 or 20 years. Knowing where you want to be would propel you into working out the modalities for getting there. If possible, write down your goals and keep them close to where you can see them often. Reading them often would keep reminding you that you have unfinished task that needs to be accomplished.
Joseph Ezie Efoghor is a small business manager. he is helping a lot of people reposition their small businesses through his success tips. He has touched many lives through his style of writing. Get more tips to help your small business at
Wednesday, 25 January 2012
Top Ten Tips for Overcoming Perfectionism and Procrastination
08:01
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One of the bigger causes of stress in modern life is knowing that you have to get something done and just not being able to bring yourself to do it. That report is due on Friday. You've known about it for a month, but here it is Wednesday and you haven't written a word. Those thank you notes should have been sent out 2 weeks ago, and the cards are still in the wrapper. You know you would feel better with these tasks behind you instead of looming in front of you. It would seem simple enough really. Something needs to be done. So why don't you just do it?
There are two answers really. Procrastination and perfectionism. And they are terrifically intertwined with each other. You don't just want to do it. You want to do it to perfection. And if you don't believe you can do it to perfection, you choose instead to not do it at all.
Since that really isn't any way to get anything done, and we do in life need to get things done, I've come up with ten tips to defeat this deadly duo:
1. Divide the task up into smaller chunks.
Getting a little done every day keeps you moving forward toward completion, which of course is the ultimate goal. It also develops a habit of doing instead of just thinking. Try the 3% Rule. Aim to do 3% of the task every day and pretty soon you will have it completed, no sweat. And the secret is, that once you make a start, often you will do far more than 3%.
2. Create a schedule.
Make it more than a to do list. Plot out the tasks and the time it will take to complete the tasks, and schedule them into your day. Be realistic, but don't allow much more time than you think you need for each chunk. (That would give you the impression that you have time to waste, and you will tend to go ahead and waste it).
3. Just start.
Focus on the smallest of goals, the goal of starting. Don't think about what comes next. Just start. Once you've done this, celebrate it. Then and only then, move on.
4. Go with the flow.
If you feel inspired to work on your task, just do it. Use your motivation when you have it. Don't assume it will still be with you later.
5. Create a reminder of why you're doing this in the first place.
What value does it have? Even if the value is simply the relief you'll feel when the task is complete. Remind yourself of that value. It will serve as much-needed motivation.
6. Once you set a target for the completion of the small task, make it non-negotiable.
It must be done or else. If you give yourself wiggle room, you will take it. This will help with creating that habit of completing tasks and moving on.
7. Remove the "it's got to be perfect" mentality from the process.
If you have to go back over it later to edit it or touch it up, then so be it. Just don't let the need to be perfect right off the bat get in the way of actually doing it. There is a phrase -"write for the bin." It means, deliberately write or do your work knowing it may not be good enough. That way you will have the base material to edit and change. Practice being "imperfect" to develop the habit of just doing it and breaking the perfectionism impulse.
8. Practice "good enough"
Not everything does have to be perfect. Apply appropriate standards. If it's an email to a peer level co-worker, does every word really need to be laboured over? Save that level of care for situations that call for it.
9. Forget the other perfectionists out there.
Don't set yourself up to be judged by others. Everyone has their opinions, and not everyone is going to love everything you do. Besides, they have their own stuff to worry about.
10. Realize that nobody is going to scrutinize your work as closely as you do.
The recipients of your thank you cards will not be scouring the notes looking for lack of appropriate sentiment and dangling participles. They will be glad you took the time to appreciate them.
So the next time you're faced with a daunting project that you just can't get yourself to tackle, remember the perils of procrastination and perfectionism. Then remember these top ten tips to beat them back.
There are two answers really. Procrastination and perfectionism. And they are terrifically intertwined with each other. You don't just want to do it. You want to do it to perfection. And if you don't believe you can do it to perfection, you choose instead to not do it at all.
Since that really isn't any way to get anything done, and we do in life need to get things done, I've come up with ten tips to defeat this deadly duo:
1. Divide the task up into smaller chunks.
Getting a little done every day keeps you moving forward toward completion, which of course is the ultimate goal. It also develops a habit of doing instead of just thinking. Try the 3% Rule. Aim to do 3% of the task every day and pretty soon you will have it completed, no sweat. And the secret is, that once you make a start, often you will do far more than 3%.
2. Create a schedule.
Make it more than a to do list. Plot out the tasks and the time it will take to complete the tasks, and schedule them into your day. Be realistic, but don't allow much more time than you think you need for each chunk. (That would give you the impression that you have time to waste, and you will tend to go ahead and waste it).
3. Just start.
Focus on the smallest of goals, the goal of starting. Don't think about what comes next. Just start. Once you've done this, celebrate it. Then and only then, move on.
4. Go with the flow.
If you feel inspired to work on your task, just do it. Use your motivation when you have it. Don't assume it will still be with you later.
5. Create a reminder of why you're doing this in the first place.
What value does it have? Even if the value is simply the relief you'll feel when the task is complete. Remind yourself of that value. It will serve as much-needed motivation.
6. Once you set a target for the completion of the small task, make it non-negotiable.
It must be done or else. If you give yourself wiggle room, you will take it. This will help with creating that habit of completing tasks and moving on.
7. Remove the "it's got to be perfect" mentality from the process.
If you have to go back over it later to edit it or touch it up, then so be it. Just don't let the need to be perfect right off the bat get in the way of actually doing it. There is a phrase -"write for the bin." It means, deliberately write or do your work knowing it may not be good enough. That way you will have the base material to edit and change. Practice being "imperfect" to develop the habit of just doing it and breaking the perfectionism impulse.
8. Practice "good enough"
Not everything does have to be perfect. Apply appropriate standards. If it's an email to a peer level co-worker, does every word really need to be laboured over? Save that level of care for situations that call for it.
9. Forget the other perfectionists out there.
Don't set yourself up to be judged by others. Everyone has their opinions, and not everyone is going to love everything you do. Besides, they have their own stuff to worry about.
10. Realize that nobody is going to scrutinize your work as closely as you do.
The recipients of your thank you cards will not be scouring the notes looking for lack of appropriate sentiment and dangling participles. They will be glad you took the time to appreciate them.
So the next time you're faced with a daunting project that you just can't get yourself to tackle, remember the perils of procrastination and perfectionism. Then remember these top ten tips to beat them back.
Hi, I'm Dave Algeo, the Stress(ed) Guru. I am all about making stress manageable and improving performance and well-being.
Through learning, humour and interaction, the message is loud and clear....
'Stress can be managed to improve motivation, health and vitality leading to greater personal and professional success and life satisfaction.'
With a policing background spanning 19 years, over 13 of which as an operational Sergeant, I have witnessed, experienced and worked with stress in its many forms. From the traumatic to the trying, i know the mechanics of stress and the impact it can have on people and performance.
Whilst stress can be perceived as a negative force, it can be managed effectively using proven techniques and an individual approach.
Through learning, humour and interaction, the message is loud and clear....
'Stress can be managed to improve motivation, health and vitality leading to greater personal and professional success and life satisfaction.'
With a policing background spanning 19 years, over 13 of which as an operational Sergeant, I have witnessed, experienced and worked with stress in its many forms. From the traumatic to the trying, i know the mechanics of stress and the impact it can have on people and performance.
Whilst stress can be perceived as a negative force, it can be managed effectively using proven techniques and an individual approach.