The Profit Prophet

There are many things or factors that can determine a person’s success or failure, but one thing that cuts across EVERY successful person I have met or read about or studied is perseverance, persistence, stick-to-itiveness, and determination. As I say, "Nothing in the world can take the place of persistence. The desire and ability to press on has and always will solve the problems of the human race and divide those who achieve from those who might have been." Incredibly, this ONE characteristic is really what makes a true entrepreneur as testimony to these little factoids: Coca-Cola only sold twenty five (25) bottles in its first year of business! They grossed $50.0 and spent $73.96 on merchandising. But they kept on going and never gave up, and nowadays the sell more than one billion bottles per day! Apple Computer co-founder offered the computer design to Hewlett-Packard five times and was rejected by both HP and Atari (the giant at the time) for acquisition. A...

Hypergrowth is when a company has 5 or more years of 40% plus growth year after year. This is a very rare, and usually unsustainable situation, but believe it or not, any company can achieve this if they just plan and organize for it. Yes, not all companies will experience hypergrowth, but it is not because they cannot, it is because they did not PREPARE for it. I could not imagine any championship team or athlete NOT preparing to be a champion; of not working everyday to win the cup, or series, or world title? Amazingly, most companies that do not experience hypergrowth never see themselves has champions. So, how do you prepare you and your company for hypergrowth? I have listed 10 Commandments which at a minimum will set you on the path to hypergrowth, and yes, it goes for high tech and traditional companies as well. I. Set a Big, No Humongous, Goal As Marianne Williamson is quoted as saying, “Playing small doesn't serve the world in any way.” Companies need a ...

We all want to be more successful, or popular, or liked, or have a greater sense of belonging. As such there is a very robust self-help industry which includes seminars, webinars, books, tapes, videos…the list is endless? Why? Because deep down, we all want to feel important, and know we cannot do that by ourselves (hum, sounds like a quotation).. Nonetheless, I have posted what is now called life hacks that have been practiced by successful people for years. A lot of them have to do with ‘body language’ and Dale Carnegie’s “How to Win Friends and Influence People.’ These small shifts in behavior or awareness will give you greater control of potentially important outcomes, from everyday situations to stressful job interviews. Of course, do not stop reading books on how to win friends and influence people, but at least this list gives you some sure fired tips to deploy now. 1. Primacy and recency: people most remember the first and last things to occur, and barely the ...

If you have been working for any amount of time, you have most likely have taken the Myer-Briggs personality indicators (introvert v. extrovert; sensing v. intuition; thinking v feeling; and perceiving v. judging).  Here is an infographic created my mbti that has been broken into five sections.  It is pretty informative and goes on to show what types of indicators prefer which types of social media. Myers-Briggs Type   The about graphic describes the various characteristics of the Myers-Briggs personality types and how they would be inclined to use social media. There are 4 types that can combined to create 16 "personalities." To enlarge picture, just click on the image.  Do You Use Facebook   This is an graphic on how your particular personality type would use Facebook. It seems like extraverts and intuitive individuals prefer using Facebook. Social Media Use at Work   This graphic explores how different types use social media an...

Although most of the post on this blog deal with practical ideas on how to run a business, every now an then something comes my way in which needs to be posted due in fact on how practical the ideas are useful.. This is volume 1 of Practical Ideas. Enjoy. Slice Cherry Tomatoes   The simplest way to slice a bunch of cherry tomatoes is to sandwich them between two plastic lids and run a long knife through all of them at once! Keep Brown Sugar Moist Keep brown sugar soft by storing it with a couple of marshmallows in the bag. Keep Shoes Off Floor Install a regular coat rack low down the wall to store shoes safely off the floor Display Jewelry Organize jewellery on a cork-board for easy viewing when deciding how to accessorize an outfit DIY Watering Can Create a thrifty watering can by puncturing holes in the top of a used milk bottle. Pet Hair Remover Remove pet hair from furniture and carpets with a squeegee. Easy Grilled Cheese Sandwich ...