How can thinking like a marksman help your business?

The entrepreneur’s paradox affects all of us. Have you ever said yes to doing something you probably shouldn't have and regretted it later? I've never met a business owner that had not, so just nod your head yes, then we can move on. We all see it in every business every day. Even the best businesses venture outside of their zone on occasion. If you are doing it to save a customer, that may be acceptable however you should try to avoid it because it isn't going to be cheap.

I like to pick on attorneys a little bit because I have a lot of great friends that are attorneys. If you crack open the Yellow Pages to the attorney section I bet you can find at least one attorney's office that has more than 10 fields or specialties of law listed. And yet all of them can tell you that the attorneys that make the most money practice one specialty. I have a friend that has a personal injury law firm, and at one time they ventured out of the bubble and brought in an attorney who was a specialist in a different area. That relationship lasted through one major case and the outside specialist moved on.

Resrtict Bandwidth To Be More Productive?

Yesterday I was reading the paper, and there was an article about Lockheed Corp in Dallas having to restrict social networking sites because they used too much bandwidth. The comment from a senior manager was almost funny. He said “unlike other countries, bandwidth in the US isn’t cheap.” That’s funny because cheap bandwidth should have nothing to do with the decision.

What if everyone is using Facebook as a group work tool to post ideas? What if they are using YouTube to post training videos? I know I do, so why can’t Lockheed employees. If the manager was being completely honest he would have said something like “We are restricting the websites because we think the employees are engaged in non-work related activities on company time.”

In a previous life I worked for Apple Computer when they had Friday keg parties, pinball machines, pool tables and ping pong tables. All of these “non work related activities” were meant to keep people at work longer and to stimulate creativity. Apple realized that the most successful people would not ever separate work and play. When you have the right people in the right jobs, work and play become one.

Are You Focused And Still Not Getting There? A Lesson From Grandma.

My grandmother was a committed lady. I don't mean committed as in institutionalized,  I mean  committed as someone that has achieved success. The reason I'm talking about this is because today is a bittersweet day.   I bring up my Grandmother, because today is my grandmother's funeral. Maybe it's really a memorial because her body won't be there. I don't really know and I don't think it is important. Whatever it is, the family is getting together to pay respects, remember and celebrate a rather long and well lived life of the family matriarch. As a kid I think about my grandmother's house growing up.  Her home was the central focus for the entire family. Whenever anything happened good or bad, we went to my grandmother's house.  She is the last of her generation in my family, and we could learn a little from that generation.

My grandmothers house wasn't a very big house,  but it was big enough for everyone to have a seat and a smile. Most holidays were spent at my grandmother's house with the entire family there. When fireworks were still legal in Los Angeles, we would have 20 people or more in a very small backyard running around with fireworks. Oddly enough no one ever got hurt. It was always safe, nobody could insult you or hurt you while you were there. If someone started picking on you, my grandmother could always fix it with chocolate milk. If a fight broke out, it could be ended with  cake. She had so many activities for every kid you never really had time to bicker or fight anyway. TV was out, my granddad only allowed golf on TV.  If you said something negative about another family member or someone outside the house she would just laugh it off and say "don't be ridiculous." She would say it with a smile that somehow let you know what you were doing or saying was wrong.

Which Widget Should You Use?

Among the top ten questions I get, something always comes up about office tools.  Everyone wants to know what I use.  They know I am picky and will return anything and everything that doesn't work.

I went ahead and put up a quick website with shortcuts to all the essential business tools we use for our business.  If you walk into my office, you will find it, or a newer version on our Amazon Affiliate Store.  Check it out at www.kuhltoys.com.  Everything is there, our speech recognition software, our desktops, all of it.  About the only things we couldn't get on there were the iPhone, iPad and Blackberry Torch.

If there is a category or something I missed, let me know please.  I am trying to make this as easy as possible.

Business and Economic Burdens

Growing up I used to hear people make fun of the "laugher curve".  I thought everyone was laughing at President Reagan and his economic policies.  Going through business school I learned that the "Laffer Curve" was some real economic theory by a real professor.

Here is a copy of the basic laffer-curve:

The big problems with the interpretation are pretty easy to spot.  Given this image it would appear that 50% tax is the ideal percentage for the Government.  That is no where near the case, The Horowitz freedom center noted that many thought the tax cuts President Reagan asked for were incorrectly thought of as only for the rich.  They were tax cuts for everyone, the popular media slanted the view.