Monday, February 19, 2007

Suze Orman on Self-Employment

Not to be a disputer, but I prefer Robert Kyosaki's distinction between self-empoyed persons and business owners. Having said that, i think Suzie Ormand presents some extremely valuable information for those whom the government considers, "self-employed" for income tax purposes:

Suze Orman Money Matters
Suze Orman, Money Matters

Protecting Yourself When You're Self-Employed

by Suze Orman

Especially helpful, is Suze's advice on Planning for Entrepreneurship:

• Figure out the replacement cost of lost benefits.

• Don't access retirement savings.

• Keep the home-equity tap turned off.

• Don't rely on credit.

Good advice all around from America's premier financial advisor.

Friday, February 16, 2007

God's Network
Christian CEOs bond for love and profit.
By Ellyn Spragins

(FORTUNE Small Business) – Many entrepreneurs start companies to get rich. Some want to be famous. Others just can't work for anyone else. Bart Azzarelli, 57, launched his Florida pipeline-construction company because, he says, God told him to. Azzarelli's organizational chart shows God, Jesus Christ, and the Holy Spirit at the helm of Dallas1 Construction & Development, a Tampa-based business that grossed $27 million last year. The title on his business card is AMBASSADOR FOR CHRIST. His workers wear hardhats adorned with the fish symbol that early Christians used as a secret password. "I decided that if God was instilling in my heart to start a business, then it would be God's business," he says.

Read More

Wednesday, February 14, 2007

LAst night, at an unnamed restaraunt named for some guy named Benny or Lenny or Kenny - something like that, I had a very disappointing experience. Know this: I am a D****'s fan and this group I was with has been going to that same spot at the same time for eight years. We know the people - most of them - at least until recently.

Recently, they got a new manager and the first order of business was to require our favorite waitress to stop wearing her signature flower in her hair. How do you spell "rinky-dink?" This woman is one of the reasons we keep going. She is D's for us and that flower is her identity. It is her smile. It her way of describing her sunny outlook on life. That was disappointing.

Then, we were served by a very sweet, enthusiastic waitress last night who bounced in once or twice and had to receive some very distressing news of our unhappiness with one issue: we only received half of a milkshake!

Apparently, this is the training that the new, "progressive" management has initiated - no individual expression, standardization of everything, and half a milkshake for the same price as the old product where we received "seconds" in the metal container.

I am not a complainer and I left the sweet girl (who didn't refill the all-you-can-drink drinks or bring us our bill) a nice tip. It is not her fault. It may not even be this manager's fault. It may be no one's fault - but it does make a pretty good subject for a blog on how not to succeed in business over the long haul.

We will go back - a time or two, to give it a fair shake (and hopefully I can get a fair shake). However, I cannot promise anything indefinite. There are too many places that bend over backwards to make the customer feel happy and part of the community (How to you spell STARBUCKS?).

Now, you are probably asking - "Didn't Tom say he was on a diet?"

You caught me! Half a shake was enough for me -- but bad for business.

Here is the question: Are you in whatever you are in for the long haul? If so, you are interested in happy people who keep coming back ... and in residual income. Whether you represent a church, a network marketing system, a brick and mortar business, or some other endeavor, the secret to customer satisfaction is first, giving your customer a fair shake and then, going well beyond that to the point of surprise and delight.
------------------------------------------------------------------------------------------------------------------

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Sunday, February 11, 2007

RyanMapes is a fresh voice in the world of entrepreneurship and he has a message for Christian entrepreneurs who are shy about sharing their faith in public:

Christian Entrepreneurs: Mixing Religious Faith with Business

Just the other day, I had a conversation with several entrepreneurs who pointed out how many prominent US-based Christian entrepreneurs fail to mention their personal faith in large public platforms. It seems that too many of them would choose to shy away from this controversial topic. We debated on the reasons behind this: Maybe they prefer to separate their personal lives from their business for fear of backlash....or maybe they fail to see the connection between the two worlds at all. Read More

Wednesday, February 07, 2007

MOSAIC: Profile of spiritual entrepreneurs:

Mosaic Alliance is a great model for transformational ministry. For that reason i will also post this at one of our sister sites. This is copied from their homepage:

Mosaic Alliance Mission

Serving leaders to change the world....

Create the Future

The Mosaic Alliance is a global network committed to create the future by unleashing a culture of entrepreneurship, activism, innovation, authenticity, and creativity within the local church. The Alliance seeks to empower and equip churches and leaders to maximize the creative potential in the communities in which they serve. We partner with leaders from around the globe in effort to catalyze the movement of Jesus Christ. The Mosaic Alliance provides resources, training, and ongoing dialogue in effort to serve leaders and churches worldwide. One of our focus areas involves serving church planters, but the Alliance is not limited to church planters. Join us in creating the future together!

Mosaic Alliance Values

  • Wind
    wind ENTREPRENEURSHIP
    Mission is why the Church exists.
  • Water
    water ACTIVISM
    Love is the context for all mission.
  • Wood
    wood INNOVATION
    Structure must always submit to Spirit.
  • Fire
    fire AUTHENTICITY
    Relevance to culture is not optional.
  • Earth
    earth CREATIVITY
    Creativity is the natural result of spirituality.

Connect!

For more information on connecting to the Alliance, go here.

Chasing Daylight in Fresno

Begining February 20-21


Tuesdays at Dennys (Shaw and Willow) -9:00 P.M.
Wednesdays at BT (4141 n Fresno St) - 7:15 P.M.
Thursdays at Starbucks (Ashlan and Cedar) - 7:00 A.M.

Tuesday, February 06, 2007

Guest Author

Do You Have the Right Focus to Make Your Dream a Business Instead of a Hobby?
We'd all love to make a fabulous living doing what we love to do. And often it's really possible. Yet, I was speaking with someone who wanted to make a living as an artist. This isn't any particular person, because I've had this conversation with folks numerous times. And, it's not always about art. Sometimes it's about coaching. Sometimes it's about cooking. Sometimes it's about walking dogs.

They spoke to me at length about how much they loved doing art, and how it fed their soul, and how important it was to their well-being. Very inspiring stuff, and it felt great. But, when I asked them, "How do you want to help other people with your artwork?" they couldn't answer me.

"It's art! It exists for its own sake. It should have value in and of itself."

This person was right. Art does exist for its own sake. And it does have value in and of itself. But, there is a difference between doing something purely to please yourself, and doing something with a consciousness that you are giving and serving others.

While there are many reasons to start a business, there is only one essential reason that allows it to thrive: helping people with some challenge they are facing. Income in a business only comes from customers. While funding may come from loans, or angel investors, or venture capitalists, eventually the allowance runs dry, as we saw in the 1990's with the dot-com bust.

Customers only buy when you are helping them with their needs and challenges.

We humans are complex creatures, with many needs and desires that have to be met in order to have a fulfilling life. I'm aware right now of my needs for creativity, truth, fun, adventure, love, intimacy, friendship, community, provision, food, shelter and heat (it's winter!), contribution, spiritual connection- I could go on and on.

When you're self-employed, especially when you are in the resource intensive phase of a start-up, it often seems that your business encompasses your whole life. And, this can lead you down a treacherous path of trying to get all of your needs met through your business.

If you try to take care of these kinds of personal needs only through your business, you will probably sink it, because you might unconsciously make decisions to soothe yourself, rather than really serve your business and your customers.

But, if you don't take care of these very legitimate needs at all, you will be performing a slow form of suicide.

Are you trying to make a business out of a personal need that has nothing to do with your desire to contribute to other's well-being? Are you neglecting your personal needs and killing yourself, your business, and your family?

Keys to Living the Dream

• If you truly want to make it a business, then you'll want to focus on these four things:

1. Get crystal clear on the problem you want to solve, and what it's really like for those who are facing the problem, and apply your creativity in providing a solution.
2. More than just the solution, how will you deliver the solution so that it can be most easily accessed and used by your customers?
3. More than providing and delivering the solution, how will you reach those people so they know the solution exists?
4. More than reaching the people, and providing and delivering the solution, what does your business itself need so that it can continue to do, and improve upon, the first three, so more and more people get help?

• If you aren't sparked by any of those four things around an activity, you may have something that you prefer to keep as a hobby.

1. A hobby doesn't necessarily solve problems for others.
2. It's primarily for you and your enjoyment and growth.
3. It's less important whether you reach other people, unless you want the social aspect.

Although enjoyment, self-growth, education, and socializing can and should be met through business, the primary enlivening influence in a business is one of service and contribution. And, if you are having trouble sticking with the four business focuses, try this Action Step:

• Identify your needs. Especially ones that aren't being met.

Marshall Rosenberg, author of Nonviolent Communication, lists many, many universal human needs. The Center for Nonviolent Communication has a list of needs here: http://www.cnvc.org/needs.htm.

If you can scan through the list and identify any particularly strong needs you have that aren't being met, you'll have a clue as to where you might be unconsciously trying to use your business to soothe yourself.

Example: I have a need for creativity, and one way I love to meet that need is in cooking. A day in the kitchen really does it for me. But, I decided long ago that I didn't want to be a professional chef, and instead treat it as recreation. Very satisfying. When I'm feeling that particular urge for creativity, I don't try to make my business do back flips, I just take some time off, and spend it in the kitchen. Bon apetit!

Once you begin to meet those unmet needs, look back at the four business focuses, and unleash your creativity. Your business just may end up as a very useful, and thus valuable, work of art.

About the Author

Mark Silver, founder of Heart of Business, is author of Unveiling the Heart of Your Business: How money, marketing and sales can deepen your heart, heal the world, and still add to your bottom line. Get three free chapters of the book online: http://www.heartofbusiness.com

Article Source: Content for Reprint

It is wonderful what you can find when you are looking for something else.

Believe in Yourself to be Successful
Dr. Jerry Osteryoung
Executive Director
of the
Jim Moran Institute for
Global Entrepreneurship
at Florida State University

"Why do some entrepreneurs do incredibly well and the others do just okay? Why do some firms keep on expanding and others just barely hang on to one location?"

"The answer lies in the belief system of the entrepreneur. I met an entrepreneur in Tampa who had started a business selling spiritual lambs (www. myspiritualflock.com). When I first saw the product, which is a nicely crafted lamb with spiritual significance, I thought this entrepreneur was going to tell me that she needed to raise some money for production and distribution. Unfortunately, I was going to have to tell her that raising funds for this product was not going to happen and to prepare her for this."

READ MORE.

A Bank for Social Entrepreneurs
by Social Edge — last modified 2007-02-03 11:19


Hosted by Patrick O'Heffernan, Fundraising and Strategy Expert (December 2006)

Social Entrepreneurship

...

Resources on Social Entrepreneurs, Publications and other related topics.

Please note that a few entries are not yet filled. If you are an expert in these fields, feel free to write the entries yourself. Or even to create one if you think it is relevant to social entrepreneurship.

The Power of Self-Talk
by Dr. Jim Will

You've got a great company, an excellent compensation plan, terrific products and some awesome leaders. So what's keeping some of your people from tapping into the incredible potential that you know they have? I had the privilege of having lunch with Yogi Berra once, and we discussed his famous quote regarding baseball: "Ninety percent of the game is half mental." I agree with Yogi-a lot of baseball and a lot of direct selling are mental. I like to refer to the mental game as our inner thoughts-our self-talk. Great leaders consciously or subconsciously manage and control their self-talk. READ MORE


Direct Selling Start-Ups: Ten Traps to Avoid
by Dan Jensen

Direct selling is the essence of free enterprise. Thousands of direct selling companies have sprouted during the last few decades. Sadly, many are no longer in business. I have been entrenched in the direct selling industry for more than 25 years and have seen hundreds of companies come and go. As the years have passed, I have discovered patterns of success and tragic mistakes that weaken direct selling businesses, often to the point of failure. While there are many reasons for failure, it is my hope that by understanding 10 of the more common mistakes, an aspiring direct selling business owner might have a better chance at success than those who failed to see the picture clearly. These 10 common mistakes include: READ THEM AT DIRECT SELLING NEWS



Posted in the Mangosteen Journal:

From Direct Selling News

Liquid supplements have yielded a harvest of fruitful financial results for direct selling companies and their distributors. While 2006 results aren’t yet available, Nutrition Business Journal, the nutrition industry’s leading business publication, estimates sales of nutrition products by direct sellers reached $6.4 billion in 2005. Results are often fueled by automatic-fulfillment programs, which send products to distributors or health-conscious consumers each month while delivering automatic revenue for direct sellers. Numerous liquid-nutrition-focused companies haven’t yet seen their 5th anniversaries, including The Limu Company, MonaVie, Sibu, Vemma, VivaTRU and Xango, among others. All are growing rapidly (see the November issue of Direct Selling News for more on liquid supplements). Read More. Scroll to Sipping Supplements.
Wall Street Seeing the Value of Direct Selling

Direct Selling News reports a growing facorable trend in the stock market's attitude toward direct selling companies.

Read more.

Friday, February 02, 2007

I have launched a clearinghouse blog for those interested in Affiliate Marketing. There is good information there and there will be much more as time goes by.

Tuesday, September 19, 2006

I must admit I get a little perturbed when people complain about lack of money and success when they haven't done the things that they can do to change their circumstances. When we operate on the assumption that the world or God Himself owes us a living when God has already given us opportunities, we limit means which He Himself may have provided for our support. I do not suggest that we veer away from a life of faith, but that we, especially those of us in ministry, at least lay before Him the question of whether or not He'd have us make a few tents along our missionary journeys. That is why I promote entrepreneurship, knowing it is not for everyone, but I suspect is for some who are not responding.




Tuesday, July 04, 2006

My Health and Wellness Journal
While I write about business and entrepreneurial principles with a broad brush, there are actually a few that I own and promote. I choose them for the integrity of the company, the efficacy of the product, and the opportunities in the compensation plan. While I spend more time analyzing writing, and speaking than working any one business, here is one where I believe a person can have real success. For more information go to my Discover site

Monday, July 03, 2006

There is some wonderful and thoughtful material on this blog which I will be returning to read and ponder. This relates to the subject in Entrepreneur's Table because Christians, and especially social/spiritual entrepreneurs struggle with it. Is it honorable to make money?

Flying Embers: "Wealth brings independence, a satisfaction that your family will be able to enjoy a comfortable home and weather life’s storms. I could go on and list countless other things that wealth brings without damning your soul.
So, I thought I would begin to post articles concerning the attainment of wealth the way Godly people through all ages have accomplished it.
These are the time tested, righteous pursuits of wealth that have worked in all generations. It will be worth our while to carefully consider what the wealthy say about the attainment of riches."

I'll be checking in to see what I can learn.

Co-published at The Dream Factory

Saturday, July 01, 2006

"Entrepreneur" comes from the French word for undertaking : entreprendre . It entered the English language in the late 1400s. From it, we derive, "enterprise."

The first part of the word is "entre," to enter, also French.

An entrepreneur, therefor, is one who enters into some undertaking and it is implied that he/she is leading the way.

We need people today who will undertake great causes develop great enterprises.

Will you be one?


Saturday, June 24, 2006

It Takes Time

We previously discussed the "EYE"s of time but did not exhaust the topic by any means. Everything takes time - especially if they are important enough to deserve our attention and effort. Here is yet another acronym: TIME, with the "t" for temperance, tenacity and transience, the "i" for indeterminate, individual, and instantaneous, the "m" for mastery, magnification, and ministry, and the "e" for experience, expectation, and excitement.

T is for temperance, tenacity, and transience. It is for temperance because time must be carefully and wisely budgeted, managed, and leveraged. It is for tenacity because we need to stick with something through boredom and hard work if we are going to see it through. It is for transience because it is passing by never to return. The moments in which we live are fleeting. The opportunities are in transit. They will soon be gone and cannot be recaptured. In summary, time is temporal and fleeting.

I is for indeterminate, individual, and instantaneous. It is indeterminate because, no matter how carefully we plan, we just never know how much time we have left to accomplish our goals. We must live with awareness that the curtain could fall at any moment and we want to be found faithful. We want to be like the hikers memorialized at the base of one of the Alps with these words, "They died climbing." It is individual because we each have our own, are responsible for our own, and are the beneficiaries of such. We must be grateful for the time we have because it is ours and it is a gift. It is for instantaneous because it is now. Now is the time for what we are impressed to do and to be in this very moment. There is really no other time than now.

M is for mastery, magnification, and ministry. It is for mastery rather than management because management is not enough. We must become the masters of our time or time will master us. We have a Master above us who enables us to master than which is beneath us. We must bring time under our control by mastering our moments. It is for magnification because we must duplicate our efforts and more by leveraging time if we are going to maximize our potential as faith-business-social entrepreneurs on a mission of transformation. It is for ministry because ministry is another word for service and time spent truly serving others is never time wasted, but multiplied. In fact, we can magnify our time through ministry and thus, master our moments.

So far, all of this could be expounded and expanded upon to our benefit - and shall be, but that brings us to the final letter: E

E is for experience, expectation, and excitement. We could add energy, effort, and eternity along with so many other concepts, but we can get to those later. Experience is what happens over time and cannot be gained without time. It is acquired slowly, but, once accumulated in critical mass, expedites the process of gaining more. Expectation prompts us to plan, execute, and evaluate our efforts toward to goal of accomplishing more in less time. It keeps us on track and in the program.

At the MultiLeveler, there is a great insight into some time management skills: Don't Be Get Rich Quick.

Whatever you want to do and be, it takes time.


There is always more at The Dream Factory.






Salute to Women Entrepreneurs