Showing posts with label cashflow. Show all posts
Showing posts with label cashflow. Show all posts

Tuesday, October 17, 2017

It's time...

Daily in our lives, we are faced with recurring situations that if we are not careful can cause us to lose sight of our goals, aims, and aspirations. This can happen in our personal and working lives, yet so many people have chosen to remain dissatisfied rather than take action to change their outcomes. To have a conversation with them will seem like they are entrenched in disillusionment without any hope of relief.

Have you ever been tired of being sick and tired? Have you ever felt as if you were in a situation without hope for a better existence?

Well, you have to decide you want something different in your lives and be willing to commit to making those changes.

In short, It's Time:

  • To stop procrastinating about going after your dreams. 
  • To commit your life to the Almighty as he is a God of order and, right now, you can do with some order in your life. 
  • To make solid concrete goals, and commit to realizing them within a specific timeframe.
Do you believe that you can do more with your life? That you can make a bigger difference? That you have huge unrealized dreams within you that, with the right effort, you can realize them within your lifetime. 

It's time:
  • To get on purpose, and celebrate life and your achievements with those who are closer to you. 
  • To identify the team members who will help you realize the success that you desire. Success is a team sport. 
Don't wait another moment, get to planning your future, especially when you realize the rate at which time is traveling. 


Sunday, August 11, 2013

Starting a business....are you serious?

Entrepreneurship is a word that's touted about a lot these days. Everyone seems to want to begin a business of their own, and who can blame them. There are certainly better educated, greater connected, and have more resources. However, you can imagine the questions that come to mind when we look at todays businesses. Let's look at a few.

  • Why do so many of them fail?
  • Do we really know why we want to be in business?
  • Have you thought out the process well?
Let's stop at these three. Since these alone can take quite a bit of time. Let's look at them succinctly.

Businesses fail due to:

  • Being under capitalized
  • Poor operating systems 
  • Weak marketing & sales 
  • Poor accounting & cashflow management
  • Weaknesses in human resources - training deficiencies
  • Lack of discipline and planning
  • This list is not exhausted



We want to be in business for a variety of reason

  • Some don't want to work for someone else
  • Others just want to be their own boss
  • There are still others who just want to be creative and can't be bothered with much else
  • Many want to make money that they can spend as they wish
  • They saw someone do it and it looked easy
  • Many don't like their current bosses 
  • Some want to genuinely make a difference in the lives of others with their product / service
  • The reasons are endless 




We thought

  • This would be a walk in the park
  • This much strategy was not required
  • We could do it ourselves without much expenses or help as we know our field
  • Why did we leave our jobs, we had it made when we got our payment from where we were employed (and, we didn't have to work as hard)
  • We didn't want this much work, just more money. 
  • We didn't have a vacation since leaving our last jobs and we don't have money to go on vacations either 
  • If I had only known better, I wouldn't have left 
  • Well, we're too committed to turn back now. 
  • If I could do this all over again, I would do this so much differently

Business is never easy. As one friend put it, you have money problems either-way - too little / too much. There are many who believe that they wouldn't mind having too much money. It is often heard said, I know exactly what I would do with that money if I had it. 

So are you serious about starting a business? If not, please don't. It would be more trouble than profit. However, if you are, then you need to make contact with someone like me in your area. There are plenty great consulting resources out there, and they are some that aren't so great. You must do your due diligence. 

So starting and expanding a business, especially when you are serious can be quite rewarding. Surround yourselves with others who have achieved some of the things you desire - learn from them taking the good and leaving the bad behind. Yes you'll find many have flaws that make it difficult to work with them. Be prepared to endure, so that you can enjoy




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