Tuesday, December 30, 2014

2 Minutes Business Article.   Title: Street Sense of A Business Owner 2


Some businesses are limited to a particular class of people, mostly the high class: there is little or no provision for the low class. To put in a better way, some classes of people can't afford some products and services. But, the irony is, some big businesses who became liquidated in the long run would have been saved by the low class people, or small businesses if they were factored into the marketing plan.


Decentralize

Decentralization is the Transfer of decision making power and assignment of accountability and responsibility for results. It is accompanied by delegation of commensurate authority to individuals or units at all levels of an organization even those far removed from headquarters or other centers of power. This is according to the business dictionary.

For me, decentralization is making your products and services available and affordable.

The word 'result' in the definition speaks volumes of what the real goal of decentralization must be.

Every business must have plans to so decentralize its products and services in a way that it serves all classes of people and businesses. So many small businesses will remain anonymous for a long time if they don't find affordable mediums to emerge.  

If you are a big marketing firm for instance, create a very low cost marketing plan for small businesses, go to them in the streets and market to them. Most time, they bring the regular money.


Action Step: Create a decentralization plan for your product or service.


PLConsulting…

BB:265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Monday, December 29, 2014

2 Minutes Business Article. Title: Street Sense of A Business Owner  



Most market women out there in a local market are a lot richer than many business owners who have very fine offices and employees in very lucrative places, but with so much bills to pay and little turn over to meet up with the bills.

Part of why many Igbo people at Alaba International market and in many rural geographical locations are many times richer than the ‘white collar’ business owners who have everything with drivers driving them in very flashy cars, but lack financial freedom and are in huge debts is because, they choose to do all the street businesses that many people shy away from; and the truth is, any business that puts daily money in your pocket is a business to look at. That’s where the money is. Most street businesses have very little overhead and high ROI (Return on Investment).


For The Big Boys

If you are already playing big in business and don’t have the time to run small street businesses, outsource the contract; look for someone who can do all the running around. Establish a street business in a very strategic place, and look for faithful people who can manage it. There are faithful people around, but are very rare though. No risk, no reward!


For The Small Boys

If you are looking for a business to do, don’t start with an office space, or a business that will require huge capital, start with a street business. The people in your neighbourhood need so many things, but travel to buy them because everyone wants to start big.


Action Step: Establish a street business soonest. 


PLConsulting…

BB:265A987A
@Paulvanplc 
www.leadership-plc.blogspot.com

Sunday, December 28, 2014

Are You A True Believer?

This Will Enhance Your Preparation for 2015...

By Brian Tracy

In my conversations with hundreds of top achievers over the years, I have found that they all have one thing in common. They have taken the time to sit down and create a clear blueprint for themselves and their future lives. Even if they started the process of goal setting and personal strategic planning with a little skepticism, every one of them has become a true believer.

Becoming a True Believer

Every one of them has been amazed at the incredible power of goal setting and strategic planning. Every one of them has accomplished far more than they ever believed possible and they ascribe their success to the deliberate process of thinking through every aspect of their work and their lives, and then developing a detailed, written road map to get them to where they wanted to go.

The Definition of Happiness

Happiness has been defined as, "The progressive achievement of a worthy ideal, or goal." When you are working progressively, step-by-step toward something that is important to you, you generate within yourself a continuous feeling of success and achievement.

You feel more positive and motivated. You feel more in control of your own life. You feel happier and more fulfilled. You feel like a winner, and you soon develop the psychological momentum that enables you to overcome obstacles and plough through adversity as you move toward achieving the goals that are most important to you.

Determine Your Values

Personal strategic planning begins with your determining what it is you believe in and stand for-your values. Your values lie at the very core of everything you are as a human being. Your values are the unifying principles and core beliefs of your personality and your character. The virtues and qualities that you stand for are what constitute the person you have become from the beginning of your life to this moment.

Your values, virtues and inner beliefs are the axle around which the wheel of your life turns. All improvement in your life begins with you clarifying your true values and then committing yourself to live consistent with them.

Action Step: Let your goals be value based and profit will take care of itself.


PLConsulting…

BB:265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Friday, December 26, 2014

Think Big, Plan Big, Start Small

2 Minutes Business Article

Title: Think Big, Plan Big, Start Small


The kind of mind you develop plays a major role in determining how far you go both in life and business. The lack of money, absence of parents, wrong location, economic retardation, lack of helpers or lack of education cannot stop anyone, only the wrong mind-set can. I have seen very educated and very intelligent business owners who are not doing as well as some of my uneducated friends at Alaba International market, Lagos; And the only difference is their mind-sets. The young man at Alaba believes nothing is impossible, while the educated entrepreneur is limited by his own educated mind. (soon, I’ll write on the advantage of Ignorance) as I have seen many uneducated but successful business owners, and have also seen so many educated but unsuccessful business people.


Think Big

You put a limit on your own ability when you think small. You are unstoppable, think like it. You can do anything, think like it. Your mind is your greatest asset, but can also become your biggest limitation if you let it.


Plan Big

I have a friend who all his life have been talking big, dresses big and goes to big places. Sometimes you are tempted to ask, what’s wrong with him? Today, he talks bigger things as he is already doing big things. Each time I’m with him, he’s just in a haste to tell or show me his big plans. Don’t just talk big, plan big.


Start Small

People who talk and plan big most times don’t have the immediate resources to execute their projects. They simply start with what they have. For many people, beginning small is the most difficult thing in the world to do, but, I have found out that only people who learn to begin small develop capacity to sustain big things. Don't give any man anything big to do for you if he hasn't successfully done small things before.


Action Step: Start moving with people who do big things.



PLConsulting…

BB:265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Wednesday, December 24, 2014

Selfless Management 2

2 Minutes Business Article

Title: Selfless Management 2


I heard the story of a very wealthy entrepreneur in Lagos who relocated his managers from the mainland to the Island, bought houses for them and pays them very huge salaries. He told a friend of his who told us the story that most of the people who work for him are better than him, and will do better if they decide to do the same business. But, they have decided to stay with him because of the way he takes care of them. That’s a very smart entrepreneur, don’t you think so?

Now, don’t forget, some of these people in question have great visions for their lives, but decided to stay with a selfless business owner. That might not make so much sense, and at the same time, it doesn’t mean those managers are stupid. I want to believe that some of them are actually fulfilled working for this man, and are most likely running their visions/businesses while working concurrently.


How to Manage Selflessly

1. Be Involved: when it comes to issues of work, be the team leader. Let the fire or zeal for your business so burn through you that your workers will catch it . Employees take on the attitude of their employer towards the business.

2. Be involved: Many business owners show concern for the lives of their workers, but very few are involved. You get involved by finding ways to help them solve the problems that distracts them at work or that makes them happy. Happy employees will readily increase your ROI consistently.


Action Step: Get actively involve in the lives of your workers or team members.


PLConsulting…

BB:265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Selfless Management

2 Minutes Business Article

Title: Selfless Management

Anyone who can create a vision with the ability to communicate it so powerfully to others in a way that they are almost willing to let go of their own visions and run with his or hers is a leader. Every leader will need a Manager/Managers to run with their vision as leadership and management are not the same ball game. But, every leader can become a manager just as every manager can become a leader.

One of the challenges I have noticed with running a successful business is the selfishness of a lot of business owners. Too many business owners are neither leaders nor managers; they are simply goal setters and goal getters. Well, to put it in a better way; there are more managers than leaders amongst business owners as I believe goal setter and getters will make good managers. But, my definition of a good manager is one who can manage people very well and bring out the best in them, not just one who can manage things. In other words, a good/balanced manager is one who develops great leadership skills.


The Deficit of Selfishness

Selfishness does more harm to the business owner than his employees as when you don’t have genuine concern for the people who work for you; they can’t have genuine concern for the business. And with time, they’ll develop a mind-set called ‘quit and stay’ in the American work environment; which represents when employees are no longer interested in a Job but are only working to pay their bills. That’s a common ground almost everywhere right? Once things gets to this level, its very bad for business. No people, no business.
You don't want to let that happen to you as an entrepreneur. The only option is to start managing selflessly. Very few business owners have time for their workers.

Action Step: Create synergy in your life and business through selflessness, People are looking for shoulders to lean on.



PLConsulting…

BB:265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Tuesday, December 23, 2014

Self Management

2 Minutes Business Article

Title: Self Management

A Manager is one who controls or directs a business or other enterprise.

Effective management is considered the skilful or resourceful use of materials, time, and working with people to achieve a desired goal.

In production industries, management is a key factor as it focuses on people, process or method, and machines to determine outcome. And, by extension, the most important out of all is people.


Self Management

If a Business/Company has great policies and all the machines without the right people, it will still not get the desired outcome.


The Right People:

They are People who know how to manage themselves effectively. Irrespective of hierarchy, everyone in an organisation makes up the management team as everyone manages and is responsible for one department or another.
No one can be a good manager if he cannot manage himself successfully.

To succeed in managing a business, a person must be disciplined enough to know how to manage their time well, by doing what they're supposed to when expected to, not when its convenient.

People who do things only when its convenient will mess up their lives, a business or an organisation, its just a matter of time.

 
Action Step: Improve on your self management ability by learning something new.



PLConsulting…

BB:265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Sunday, December 21, 2014

The Management You Don't Practice

2 Minutes Business Article

Title: The Management You Don't Practice


It was Peter F. Drucker who said, “If you want something new, you have to stop doing something old”.
Too much talk and less walk has made dwarfs of, and crippled many potentially great lives and businesses. Part of the confusion in the world today is caused by information overload. Too many people know, only a few act on what they know.

It seems very true that we loose the power to act on the right things when we talk too much for so long about it.(That's by the way).

I've worked with so many business owners who have very great visions, believe in and want to encourage team work, and talk so much in management meetings about allowing employees' Job descriptions be unique to their areas of strength - but, most times, such talks end at the meetings.

The temptation or the need will always be there to multi-task yourself or your employees. But, as far as I know, you, or your people under-perform in your areas of core competence when you multi-task often.  

The best managers are those who know how to harness their own energy and that of their people in a complementary way that helps the business achieve its major objectives.


Action Step: Increase the productivity in your area of core competence by reducing your work load and removing the distractions. Do same for your employees, and set a standard for result for them.


PLConsulting…

BB:265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Friday, December 19, 2014

Strategy

2 Minutes Business Article

Title: Strategy

The term Strategy has a military origin as it is derived from the Greek word for a ‘General’ or the tactics employed by a General in leading an Army. Strategy in military terms Is the deceptive organisation and disposition of troops against the enemy that leads to winning a war.

It is considered in business as the act and science of planning and deploying resources for their effective and efficient use.

Strategy is what every individual, organisation or business must have very early on how to navigate their way to winning in the market place.    

I define Strategy as a set of dynamic rules or policy that’s unique to an individual, organisation or business, used in charting a continuous winning course. No strategy, no game plan for winning. Period!

The first step to designing an effective strategy is knowing the desired outcome. In that business you are into, what do you want to achieve differently from others? Plan and deploy your available resources to achieve that goal. Plan based on your strength per time. Don’t use a template that doesn’t fit. The strategy that works for one business might just not work for the other. That’s why I said strategy must be dynamic, because the market is. Any Military troop that intends to employ an 18 century war strategy will cheaply end up as prisoners of war in the camp of the opposition.

When IBM asked Bill Gates to sell ownership of his Operating system (software) to them, he refused, and insisted on retaining ownership while he designed and sold to them. He was in his early 20’s when he made that remarkable business decision.
If you don't know where you are going, every opportunity is a good one.

Action Step: Besides your business plan, design a dynamic strategy.


PLConsulting…


BB:265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Thursday, December 18, 2014

The Silent Truth

2 Minutes Business Article

TItle: The Silent Truth

Just yesterday, I was in a studio to have someone do a voice over for me. I didn’t like it, so I told my friend, ‘do you know people don’t have to see you, but can feel and tell your mood just by hearing you?’ In other words, it is your intention that will determine the attention people will give to you or your product and not your eloquence or big vocabularies. A business can do all the adverts in the world and simply advertise itself to its failure if its intentions are not genuine.

The Business Dictionary defines a product as a good Idea, method; Information, Object, or service created as a result of a process and serves a need or satisfies a want. It has a combination of tangible and intangible attributes (function, features, Uses, benefits) that a seller offers a buyer for purchase.

Most times, products are not new, they are simply improved upon. A product simply does what the manufacturer has designed it to, whether new or improved. Rebranding is a manufacturers attempt to increase the level of satisfaction a product can give. I’ve found out that rebranding is a risk as I personal don’t get to like some products after they are rebranded/repackaged. The mistake some manufacturers or entrepreneurs make is rebrand and trade off quality for profit. Unknown to most of them, consumers can feel the notion behind your products. Sometimes, not immediately, but after a few encounters. Once a consumer can decode the notion behind your product, it will determine patronage as well as your profit or loss. That is the silent truth.

Action Step: Redefine your business notions.


PLConsulting…

BB:265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Tuesday, December 16, 2014

STIR, Don’t Stare 3 (The Law of Inertia)

2 Minutes Business Article

Title: STIR, Don’t Stare 3 (The Law of Inertia)

We are in a world of Laws and principles. The knowledge, understanding, adherence and application of these Laws and principles, or lack of them are what makes or mars people. Your level of consistent relevant actions is what determines your outcomes.

Sir Isaac Newton’s 1st law of motion, also sometimes referred to as the law of Inertia, states that, every object at rest stays that way, and every object in motion maintains the same speed and direction while in motion unless acted upon by another force.


Relevance of Newton’s 1st Law of Motion In Business

Your current level of performance in life and Business will remain the same as they are being regulated by the quality of your decisions, and the quality of your decisions is always determined by the quality of information you have. To change the quality of your product, you must change the quality of your decisions by changing the quality of your information. Knowledge is not power, only applied knowledge is. If you know anyone who disagrees, ask them to look up the definition of power in physics. Power is defined in physics as the rate at which work is done, or the rate at which energy is expended. This ‘knowledge is power’ cliché has made many arrogant without result.


Action Step: Use the Law to your advantage; always improve on the quality of your life, services and products.


PLConsulting…

BB:265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Monday, December 15, 2014

Don't Stare, STIR! 2 (Get Help)

2 Minutes Business Article

Title: Don’t Stare, STIR! 2 (Get Help)


“Life's most persistent and urgent question is, 'What are you doing for others?” ~Martin Luther King Jr


You will definitely attract the help of others, but not until you’re already in motion yourself. Humans' and Heaven helps Only he who has helped himself to the level to which he is capacitated to. At least, you must get started. In fact, help becomes valuable when it is right on time. Too many people lose out on getting the help they need from others in times when it is most needed, because they ask for it too early, at the wrong time.

“When you give help, you get it without asking for it.” ~ Paulvan


Who Needs Help?

Everyone does, including the great. In fact, most times, the great need more help as they are already doing so much for themselves and humanity. I know a lot of people will be of a contrary opinion regarding this school of thought as it is almost generally believed that the less privileged needs more help than anyone. But, let me ask; did you know that too many less privileged people have failed and disappointed themselves and their helpers in life because they got massive help without learning the basic principles of sustainability? We don’t have scarcity of helpers, we simply have scarcity of people who really deserve to be helped. They desire to, but don’t deserve to be helped. There are so many great people around who really desire to help others, but hold back because they’ve been disappointed too many times.


How to Get Help

Give Help: This is very easy; the problem is, too many of us think of ourselves first before others. From our yesterday’s true story, Imagine if that young man had gone to Fela Durotoye with a proposal on how to help him solve some of his problems, participating in one of his big visions like ‘GEMSTONE’(Vision 2025) etc.? Mr Fela would probably have given him an Immediate appointment, and becoming a protégé would have been automatic.
In life, we most certainly get back what we give, but in bigger measures.


Action Step: Look for one problem to solve for the mentor you want to meet.


PLConsulting…

BB:265A987A
@Paulvan
www.leadership-plc.blogspot.com

Don't Stare, STIR!

2 Minutes Business Article

Title: Don’t Stare, STIR!

At a powerful seminar in Lagos, a few years back, with Fela Durotoye(FD), Kunle Soriyan, Remi Dairo etc, a ‘fired up’ young man went to meet FD after the seminar and said to him, 'sir, I have been longing to meet you for a very long time, Please sir, I want to be your protégé, please, mentor me'. I was close by, so, was listening. Immediately I heard that, because of my understanding of little things about mentorship back then, thinking aloud, I already said to myself, this guy is making a big mistake. I already felt his embarrassment before it came. ‘Sorry, we don’t call it embarrassment in leadership, we call it lesson’.    

He was going to start telling FD about his vision, but FD didn’t have the time, so FD said to him, that vision you have, go and develop it so powerfully, and start affecting lives so much so that I ‘FD’ will want to meet you myself. From where I was, I took a deep breath, and said wow! Thanks to fate, that I had already learnt the little but powerful lesson, that, you don’t go to meet with great people when you don’t have anything to offer them, because I also felt tempted to meet him myself.

I just hoped instead of feeling embarrassed, the young man learnt his lesson as I watched him walked out of the hall disappointed. It was obvious he didnt know the story of Toyosi Akerele of ‘Rise, Nigeria Youth Network’, how she served and learnt under Fela Durotoye.

Whatever you are going to make happen in your life, you are going to be very actively involved. Nobody can make happen for you the things you so desire without your 50,60,70,80,90, and sometimes, 95% participation. Most times, we do a bulk of the work you know! You are in control of the steering wheel of your vision vehicle, and the control buttons are right in your hands. You simply determine the direction your life goes.

PLConsulting…

BB:265A987A
@Paulvan
www.leadership-plc.blogspot.com

Friday, December 12, 2014

From 'The Foundation of Leadership' By Brian Tracy.

2 Minutes Business Article

Title: From 'The Foundation of Leadership' By Brian Tracy.


Be Determined and Purposeful

When you set clear goals and become determined and purposeful, backing those goals with unshakable self-confidence, you develop charisma. When you are enthusiastic and excited about what you are doing, when you are totally committed to achieving something worthwhile, you radiate charisma. When you take the time to study and become an expert at what you do, and then prepare thoroughly for any opportunity to use your knowledge, skill or experience, the perception that others have of you goes straight up.


Accept Complete Responsibility

When you take complete responsibility and accept ownership, without making excuses or blaming others, you experience a sense of control that leads to the personal power that is the foundation of charisma. When you look like a winner in every respect, when you have the kind of external image that others admire, you build your charisma. When you develop your character by setting high standards and then disciplining yourself to live consistent with the highest principles you know, you become the kind of person who is admired and respected everywhere. You become the kind of person who radiates charisma to others.

Focus on Results

Finally, when you concentrate your energies on achieving the results that you have been hired to accomplish, the results that others expect of you, you develop the reputation for performance and achievement that inevitably leads to the perception of charisma.

You can develop the kind of charisma that opens doors for you by going to work on yourself, consistently and persistently, and becoming the kind of person everyone can admire and look up to. That's what charisma is all about.



PLConsulting...

BB: 265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Thursday, December 11, 2014

Business Best Practice 2 (Leadership)

2 Minutes Business Article

Title: Business Best Practice 2 (Leadership)

“Leadership is the capacity to translate vision into reality.” – Warren Bennis

Writing a business plan before starting a business is very crucial to the success of every business. But, too many small businesses don't take that into account. The business is already running without a business plan, and there's no plan to write one either. What's worst also is that, they don't write a leadership/management, or organisational structure plan, on how their organisation will run.

I consider leadership the bedrock of business best practice. With effective leadership skills, an entrepreneur will put the best business plan in place, and determine from the onset what the future of the business will be.


Start With The End In Mind

All successful people/leaders all over the world have one thing in common; More than having a clear picture of the future in mind, they always paint it clearly before they start out on the journey.


This Does One Thing

When you have the future clearly painted on paper in your hands, it will guide you and regulate all your actions towards its realisation. A future not yet painted will be very hard to act upon. So, you could say the reason why a lot a people have not taken any action towards their Ideas is because they are yet to do the simply but difficult exercise of writing it on paper. Putting the end on paper carries so much power in itself that pushes you to action.

Best practice begins with leadership. And leadership is what makes every other best practice principles and laws effective.

Action Step: Discover something new that will develop your leadership today.


PLConsulting...

BB: 265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Wednesday, December 10, 2014

Business Best Practice

2 Minutes Business Article 

Title: Business Best Practice

Best practice is the application of the principles and Laws that makes an organisation or a business keep evolving to meet the consistently changing demands of its market.

Best practice is never static but dynamic, as new improvements will always be galvanised by new market discoveries, especially in respect to customer needs. Best practice is both the cell and nucleus of a business.

A nucleus is regarded as the pivotal and most crucial part of the existence of a man, animal, an organisation, a group etc., Which forms the basis for its activities, development and growth.

If I remember very well, the definition of a cell in Biology is; A cell is the smallest unit of life of an organism. The human body, for instance, is made up of billions of active cells as cells are the building blocks of living things. 

The best practice unique to your own business might not be much, but, do you have an Idea what they are? The life-sperm of an organism reduces after the death of any cell. No business is alive without best practice.
 

Action Step: find and adhere to your business best practice.



PLConsulting...

BB: 265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Monday, December 8, 2014

Find Your Own Business 'Stephen Wozniak'

2 Minutes Business Article

Title: Find Your Own Business 'Stephen Wozniak'

There are people in your life right now you might feel have no business being there - don't make the mistake, don't shut the door. They are in your life for a reason, and a season that's yet to come. If you shut the door, you might never be able to open it again. They may not look like it, but you might need them someday.  


Some people are like Steve Jobs, they are very gifted at seeing money making opportunities in everything, and generating great Ideas. Some are like Stephen Wozniak, they can turn your Ideas into reality. They are creators. But, the Inability to see amongst their network of friends the people who have the genius of complementing an Idea or helping to nurture it to fruition has stopped many from turning their Ideas into businesses.

Every Steve Jobs will need a Stephen Wozniak, every Bill Gates will need a Paul Allen, and vice versa.
Steve Jobs and Wozniak started Apple Computers in a garage in 1975. So, you don't need an office space or money to start. You need a great Idea with maybe, a like minded partner who will complement your Idea. Someone who you won't need to pay, but, who would build with you. They are already in your life, don't look far, find them.


Action Step: Take a step to start executing that business Idea you have been procrastinating.


PLConsulting...

BB: 265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Sunday, December 7, 2014

kEepAtiT

2 Minutes Business Article

Title: kEepAtiT

That's no error! The title's font is deliberate. Although, my computer won't let me be! Okay, you got the Idea already! Let's just say, you got me on this one! Next time, I'll try harder! So, you won! I know you're still reading, maybe not to get the Idea, because you already did; but to get the total Idea.

This is going to be very brief as I'm on the run. I can hear you saying 'what do you mean? You've always been brief!' Yes, you are right. but with resounding lessons you'll agree!

The meaning of the title is simply clear, but the font is intended to engage your attention more keenly. And that's the Idea! To get your attention. Attention is the other word for focus.

The message of focus is what we would hear consistently as long as we live. And we need it. I heard once from a wise man that, only the dead can be truly consistent forever; human beings have enough distractions already.

You can't build anything massive with a divided focus. You are one person, and are limited at the number of things you can do.

'Keep At It'. Know your one area of strength and keep your focus there.

One of the best ways to do this is to focus on focus: keep you focus on the things you do every moment and guide your moments - they determine the speed of your movement; The things we do everyday in every moment are what determines the bigger outcomes.

Determine by yourself what you Keep your attention on per time, don't let anyone do, because people would always try. If you want real results, that's the rule.


Action Step: Focus on focus


PLConsulting...

BB: 265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Friday, December 5, 2014

The Reading Business Man 3 (Hard Reading)

2 Minutes Business Article

Title: The Reading Business Man 3 (Hard Reading)


Reading is known as a complex cognitive process of decoding signs/symbols/letters, and making meanings out of them.

The reason why a lot a people don't read is because they feel they don't have the time to sit for so long trying to comprehend a large chunk of information/book etc.


Comprehension

This is the major daily goal of a lot of people who read. They seek to comprehend what they read, and If that can't be achieved, they don't border wasting their time.


Alternatives

Reaching a compromise with yourself does a lot of help. Needless to say, some of the things people give up on, they actually have the solutions to. Instead of throwing in the towel, try alternatives.


Reading Styles That Helps

1. Skimming: This is closely related to scanning or browsing. It is capturing the main Idea of an information you see in passing, or don't have time for the details.  


2. Extensive Reading:
This is reading for pleasure. But it also helps the mind become more creative, and associative(connecting Ideas etc).

3. Intensive Reading:
When you have a goal on mind, a subject you want to research on, a problem you want to solve, this method works best. This is deep reading with the intention for retention


Action Step: Use often the one that works best for you, starting now.



PLConsulting...

BB: 265A987A
@Paulvanplc
www.leadership-plc.blogspot.com

Wednesday, December 3, 2014

The Reading Business Man 2 (Reading Is A Big Deal!)

2 Minutes Business Article

Title: The Reading Business Man 2 (Reading Is A Big Deal!)

“Your life rarely gets in Red when you Read.” ~ Paulvan

“I find Television very educating.
Everytime somebody turns on the set, I go into the other room and read a book.” ~ Groucho Marx

“It is what you read when you don't have to that determines what you will be when you can't help it.” ~ Oscar Wilde

“The more that you read, the more things you will know. The more that you learn, the more places you will go.” ~ Dr Seuss


Reading broadens the mind of the business man and opens it up to bigger and better opportunities/possibilities; and more than that, it deepens the mind and saves the man from making shallow business decisions.

The Reading business man makes the best investment choices.

You must have heard it said that he who does not read is not better than he who cannot read. And by extension, I'll say, he who does not read regularly cannot be in the know, and he who is not in the know cannot be in the flow, but would always be amongst the low.

Action Step: Just read! Start with what you love. Read a page, a chapter per day.


PLConsulting...

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The Reading Business Man

2 Minutes Business Article

Title: The Reading Business Man

“With or without mouth, everything communicates, but only the inquisitive ears listens, and only the inquisitive mind understands.” ~ Paulvan

Simply because a lot of people have tried so severally to make reading a habit, but have failed, they have given up on themselves and don't regard reading as one of their hobbies.

I have met people who don't read much but are very intelligent. The problem is, their intelligence is not fully tapped as they obviously have the potential to do better at the one thing they have chosen to settle with, and even have the tendencies to be versatile at a few more things and be great at them too. Their only limitation is their lack of zeal to develop a very voracious reading habit - and this can be a major lid on a great destiny or business.

The truth is, most small business owners I know rarely read or don't read at all. They always feel they can use any convenient reading time to make extra money. What they don't know however, or refused to believe is, they can make so much money that can turn a small business into a big one if they would just read.

Talking about reading, there are different helpful reading methods. Every business person who wants to profitably stay in the game must learn the one that works for them. And, in my candid opinion, more than learning a reading approach that works for you, you must learn what I call 'Soft' and 'Hard' reading.

Soft Reading: Reading of words(both spoken and mimed words), reading of signs(both inscribed and described signs), and reading of languages(body languages and languages you don't understand). We can refer to all these as 'Subvocalisation', which helps your mind to make sense of what you see, sense or hear and even remember it long after. Your mind can do amazing things if you develop it.  


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Tuesday, December 2, 2014

Empires of The Future

2 Minutes Business Article

Title: Empires Of The Future

In 2012, Luxembourg(a small country)was among the highest in the world with a per capita GNP/GDP of $107,206. While the Democratic Republic of Congo had the lowest in the world with $237.

Per Capita GNP or GDP is the Gross National Product or Gross Domestic Product of a country divided by its total population.

Obviously, today, wealth of natural resources/capital is not the determining factor of a country's development - else, some African Countries should be amongst the richest in the globe.

Looking at countries like Japan and Korea whose high economic development allows them to use their limited natural resources more productively than would be possible in many third world or less developed countries - It is therefore true that the productivity(GNP/GDP) of every country is a function of how productively they put their natural, physical and Intellectual resources to use.

As at today, the Democratic Republic of Congo is still amongst the lowest with a GDP of $400.
A report says Nigeria becomes the 24th largest economy in the world taking over from South Africa. I wonder how true this is when South Africa's GDP is at $7000+, while that of Nigeria is at $3000 with all the resources.

"The empires of the future are the empires of the mind."
~Winston Churchill

My brief advice to business owners considering these data is to invest more in intellectual development using the development models of countries like China, Japan, Korea etc., Or don't you think a business can use a country's development model?

Intellectual investment is the greatest investment and the regulatory engine of the wealth of nations.


Action Step: Think for a moment; what will happen, if the government of your country is taken to govern over a high performing country like Japan, and the government of Japan is asked to govern over your country?


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