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Archive for September, 2009

Walmart Sustainability Index Means Big Business.

September 27, 2009 Leave a comment

Walmart’s sustainability assessment offers both a huge business opportunity and a potentially huge environmental business. Walmart suppliers will likely find opportunities to wring inefficiencies from their operations through the process of assessing their environmental footprints, while a bumper crop of consulting and accounting firms is springing up to help suppliers navigate the journey.

by: By Tilde Herrera – Greener World Media

If you are a consultant you might want to check this out.  It is going to be the next gold rush.  If you are a business, you need to be careful as well…  Tilde states…

He compared choosing a consultant to picking a doctor: Do your homework.

“I would caution companies that there are a lot of people coming out of the woodwork who may not know what they’re talking about, but are well intentioned,” he said. “Any time you have a gold rush … “

Well said, I think if you have been positioned well, now is the time to cash in.  Consultants! It’s time to help companies succeed! If businesses and consultants need to discuss this, we have a new forum where you can network with each other.

To your success!

"I cannot look at you without picturing you in a pig costume"

September 14, 2009 Leave a comment

I have been watching the show called “Shark Tank”.  It is aired on ABC about entrepreneurs pitching their ideas before 5 VCs. I believe there is a BBC version called the  Dragons Den. Every episode features an entrepreneur that gets the “truth” from Kevin O’Leary.  If you want to hear from someone that is ready to dish out the absolute truth within minutes, he’s your guy.  If I would to pick a VC to work with in that group, it would be Robert Herjavec.  If these VC like the ideas, they have to put in all the money the entrepreneur is asking for.  The exciting part is hearing them negotiating for the equity.

These guys/gal are all very intelligent, experienced and successful. Robert would still give you the truth like Kevin if you listen carefully but he is much more gentler.  He would be the ideal guy for me to pitch ideas to. He would let you know what he thinks without making you feel like you are the most retarded person in the universe.  I beleive they have him and Kevin in there to balance each other off.  Tonight they had a little showdown. Kevin’s view is always, money has no soul and it is all about the money/business etc. Robert is more empathetic to the human side of these entrepreneurs and to their sacrifices.

Tonight, Barbara Corcoran told one of the guys, Fred “I cannot look at you without picturing you in a pig costume”. Oh my, I cringed…When Fred left, she said on national TV that the guy actually dosn’t need the costume, “he just need the ears”! I had to spit out my coffee. I could not believe my ears.

Anyways, I see so many of these guys go up without proper preparations. Proper planning prevents particularly poor performance. 88owls just launched a free Question and Answer forum that only allows experienced consultants to offer advice and suggestions to business owners.

BTW, I loved the guy selling “element bars”. He stood up to the VC and survived! You can catch some of the previous episodes here.

"I cannot look at you without picturing you in a pig costume"

September 14, 2009 Leave a comment

I have been watching the show called “Shark Tank”.  It is aired on ABC about entrepreneurs pitching their ideas before 5 VCs. I believe there is a BBC version called the  Dragons Den. Every episode features an entrepreneur that gets the “truth” from Kevin O’Leary.  If you want to hear from someone that is ready to dish out the absolute truth within minutes, he’s your guy.  If I would to pick a VC to work with in that group, it would be Robert Herjavec.  If these VC like the ideas, they have to put in all the money the entrepreneur is asking for.  The exciting part is hearing them negotiating for the equity.

These guys/gal are all very intelligent, experienced and successful. Robert would still give you the truth like Kevin if you listen carefully but he is much more gentler.  He would be the ideal guy for me to pitch ideas to. He would let you know what he thinks without making you feel like you are the most retarded person in the universe.  I beleive they have him and Kevin in there to balance each other off.  Tonight they had a little showdown. Kevin’s view is always, money has no soul and it is all about the money/business etc. Robert is more empathetic to the human side of these entrepreneurs and to their sacrifices.

Tonight, Barbara Corcoran told one of the guys, Fred “I cannot look at you without picturing you in a pig costume”. Oh my, I cringed…When Fred left, she said on national TV that the guy actually dosn’t need the costume, “he just need the ears”! I had to spit out my coffee. I could not believe my ears.

Anyways, I see so many of these guys go up without proper preparations. Proper planning prevents particularly poor performance. 88owls just launched a free Question and Answer forum that only allows experienced consultants to offer advice and suggestions to business owners.

BTW, I loved the guy selling “element bars”. He stood up to the VC and survived! You can catch some of the previous episodes here.

Too busy being lazy?

September 10, 2009 Leave a comment

We all know what laziness is. Or do we?

This is from Dictionary.com

1.  averse or disinclined to work, activity, or exertion; indolent.

2. causing idleness or indolence: a hot, lazy afternoon.

3. slow-moving; sluggish: a lazy stream.

4. (of a livestock brand) placed on its side instead of upright.

But this evening I heard another one. No doubt many of you may have heard this before. “Laziness is not doing what needs to be done when it needs to be done”.

You see, in the workplace, it is quite easy to be lazy – all you have to do is to be busy or at least look busy.  I recently met with a consultant, David W. Denny. He has a tagline I really like.  It is “Never Confuse Motion with Progress … “. We have one at 88owls that is part of our work values.  It is “Be effective before being efficient”.

It is all about doing the right thing with the emphasis on “doing”.  As the owner of your business (company or consultancy), are you busy being busy or are you doing the right thing, doing what needs to be done without ANY excuses whatsoever?  We at 88owls also have another value we hold dearly.  It is “Executing without excuses”. These and a few more are what holds us accountable and enables the 88owls team to work remotely and to focus on a result only work environment.

If you are a business advisor, are you able to spot laziness? How do you set goals and milestones to prevent this “laziness”? How does the environment foster mutual accountability in order to stem this problem? How are you able to encourage your clients to do what needs to be done, when it needs to be done? Are you able to recognize the red herring technique and the phantom urgency excuse? And as a business owner, are you able to recognize when your employees and consultant is busy being busy?

As a parent of 6, I see that kids can master laziness without any formal training.

Allan: Why haven’t you done the dishes?

Child: I was in the bathroom…(my mom use to say that lazy people make frequent bathroom trips)

…you get the point.

Too busy being lazy?

September 10, 2009 Leave a comment

We all know what laziness is. Or do we?

This is from Dictionary.com

1.  averse or disinclined to work, activity, or exertion; indolent.

2. causing idleness or indolence: a hot, lazy afternoon.

3. slow-moving; sluggish: a lazy stream.

4. (of a livestock brand) placed on its side instead of upright.

But this evening I heard another one. No doubt many of you may have heard this before. “Laziness is not doing what needs to be done when it needs to be done”.

You see, in the workplace, it is quite easy to be lazy – all you have to do is to be busy or at least look busy.  I recently met with a consultant, David W. Denny. He has a tagline I really like.  It is “Never Confuse Motion with Progress … “. We have one at 88owls that is part of our work values.  It is “Be effective before being efficient”.

It is all about doing the right thing with the emphasis on “doing”.  As the owner of your business (company or consultancy), are you busy being busy or are you doing the right thing, doing what needs to be done without ANY excuses whatsoever?  We at 88owls also have another value we hold dearly.  It is “Executing without excuses”. These and a few more are what holds us accountable and enables the 88owls team to work remotely and to focus on a result only work environment.

If you are a business advisor, are you able to spot laziness? How do you set goals and milestones to prevent this “laziness”? How does the environment foster mutual accountability in order to stem this problem? How are you able to encourage your clients to do what needs to be done, when it needs to be done? Are you able to recognize the red herring technique and the phantom urgency excuse? And as a business owner, are you able to recognize when your employees and consultant is busy being busy?

As a parent of 6, I see that kids can master laziness without any formal training.

Allan: Why haven’t you done the dishes?

Child: I was in the bathroom…(my mom use to say that lazy people make frequent bathroom trips)

…you get the point.

True Entrepreneurs can say "I did it my way…"

September 1, 2009 2 comments

Personally, I like Sinatra’s version more than Elvis’s. I was listening to this while driving yesterday morning. It reminded me a lot of entrepreneurs.  Their sacrifices, their persistence, their perseverance, their successes, their mistakes, their hopes and most importantly, how they dared to do things…their way! I thought I would share the lyrics and I’ve bolded the part that really resonates with me regarding entrepreneurs…

And now, the end is near,
And so I face the final curtain.
My friends, I’ll say it clear;
I’ll state my case of which I’m certain.

I’ve lived a life that’s full –
I’ve travelled each and every highway.
And more, much more than this,
I did it my way.

Regrets? I’ve had a few,
But then again, too few to mention.
I did what I had to do
And saw it through without exemption.

I planned each charted course –
Each careful step along the byway,
And more, much more than this,
I did it my way.

Yes, there were times, I’m sure you knew,
When I bit off more than I could chew,
But through it all, when there was doubt,
I ate it up and spit it out.
I faced it all and I stood tall
And did it my way.

I’ve loved, I’ve laughed and cried,
I’ve had my fill – my share of losing.
But now, as tears subside,
I find it all so amusing.

To think I did all that,
And may I say, not in a shy way –
Oh no. Oh no, not me.
I did it my way.

For what is a man? What has he got?
If not himself – Then he has naught.
To say the things he truly feels
And not the words of one who kneels.
The record shows I took the blows
And did it my way.

Yes, it was my way.