Morning Folks!!
As more and more new companies pop up so are out dated textbooks and professors that never ran a business trying to teach business in a classroom. Teaching FLAWED business in a classroom. This is laughable but also a crime. Kids PAYING to be taught GARBAGE!
If you still have not read this post and seen last weeks episode of Shark Tank you will remain clueless. No longer will you be able to SEIZE opportunity. First because nobody showed you how to recognize it when it crosses and the other is they have no idea themselves what opportunity looks like.
So here we are. Tens of thousands of new 'Business Graduates', few with a real job. So instead of being unemployed, they are involved in some 'Start up' that probably will shut down before it starts up. An engine with no motor.
So they run out and get 'Budgets' that of course include their payroll. Money that comes from others not even earned via the business. Are you kidding me?
Then of course they have their 'Budgets' and that is where the ship SINKS! See a budget can not substitute for making good decisions. Doing it RIGHT, trumps a silly budget because the silly budget puts invisible chains around you and you become doomed to failure. Do it right first, figure out the other stuff later. When you do it right, you get dividends. That usually pays for the budgets overages and then leads to SUCCESS.
So a note to start-ups. Start something, do it right, or just go to the beach and be unemployed because budgets will put you out of business LONG before you run out of money! So for you budget hawks that are squeezing the LIFE out of your business and smothering it to death, take 43 minutes to read/watch this. It's FREE. It won't break your HOLY BUDGET! But it may teach you something more than your classroom did. Come to think of it, McDonald's will teach you more in 9 hours than a classroom can in 9 months. Plus one will be much more valuable.
Budgets Get in the Way of Just Doing it Right. Let's Just Do it Wrong Because it is CHEAPER! If you work for a company and BUDGET is their keyword.....LEAVE! Leaver as fast as you can because that budget is the ceiling that will prevent you from success.
Have a GREAT Day!
Rick Schwartz
steve
Rick Rick Rick. I would like to support you but as CEO, President and Dictator or T.U.R.D. I can’t. We are devoted to putting you out of business.
So soon we can guess a law will be passed to hang all domainers. And all the Obama supporters will vote for it.
Furkat
I use to teach Law to students without practical knowledge, only theory. I decided to join law practice and I can tell you, first, you should get some exprience before you launch a start up business. Theory vs Practice – huge difference but can complete each other. Keep posting…
Jeff Schneider
@ T.U.R.D.
You need a serious courtesy flush. Where do you come up with this CRAP ?
Domainers Business Foundations are steadily increasing in value, in case you have not noticed. You are seriously out of touch with reality my friend.
Your disjointed logic reminds me of another political party that is seriously out of touch. Losers always point fingers with 4 fingers pointing back at themselves, of course you already know that.
You will have to eventually accept the fact that consumers want a direct line to information, without smoke and mirror experts.
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)
Show us the money...
Budgets are fine. It gets people to focus on being efficient with money. Sure budgets can be too tight and lead to sub optimal decisions, Just like once I said to a CEO that ‘we could save a huge amount of money if we just sacked everyone’, to which he replied, ‘well I wouldn’t have a business then’, to which I replied, ‘well thats what happens when you cut too much’. Then he got what I was saying.
Steve 2
Do it right! amen. And how the heck did politics get into this?
And experience before doing a startup? Exactly where did the first Internet domainers get their experience? haha got you.
Joao
For people outside USA, you can watch the shark tank episode here:
http://youtube.com/watch?v=oG421tiEbjY
Doing it right may start by watching this video.
Anunt
It’s very very easy to be successful…
Hang out with successful rich people ALL day, everyday…
And I guarantee you will be successful…just by hanging out with them.
Most successful people talk about money and where to invest next…
Follow the big boys…the big money.
Danny Pryor
Actually, people should read your post about being overseas, having all the credit cards maxed, being just about broke and making one last big expenditure on the right hotel. That move, that”power play”, if you will, landed the deal that made everything click into place. Of course, if people are nelly, and plenty of them are, they would say you just got lucky. To a degree, they’re correct. However, they would let that stop them from making such a bold move, because they think keeping to a budget provides the right”discipline” or”wiggle room”.
They forget that success attracts success. Fear of failure pushes people away. Fortune favors the bold. What matters most, however, is being able to use all the creativity one has at their disposal to make the decisions that will bring more business, more money, more success. If one is afraid to make such a decision, because they’re busy looking at the budget and bottom line, they they are afraid of failure. If you are afraid of failure, you are terrified of success. They are two sides of the same freakin’ coin!
Anyway, I think about that post all the time, when I’m making decisions that start to include the question,”Should I spend the money on this?” Invariably, the answer that follows is – and I am not blowing smoke when I say this -“Pretend YOU were in Hong Kong.” :-))