Archive for the ‘Goal-setting’ Category

Think Big, Start Small

We have learned to dream big and to go for our dreams.  These are important messages for a successful venture, but sometimes we get carried away and don’t give our dreams time to firmly take root.

I remember a colleague of mine dreamed of launching an annual online marketing conference.  He had a great concept and access to both the funds and the people to carry it out.  He planned a three-day event with speakers, workshops, and an exhibit hall.  Vendors signed up, facilities for a large crowd were committed.  Ads and articles appeared in the local paper and online.  Success seemed imminent.

But throughout the process several of his friends and colleagues (me included) had been skeptical.  We urged him to start smaller – maybe an afternoon event, to test the drawing power of his idea.

Our colleague remained undeterred.  He saw these naysayers as negative thinkers, small-minded folks who couldn’t grasp the potential of what was possible.

The day of the event arrived and everything was fabulous – except the attendance.  Those who came found it valuable, but the turnout was disappointing.  Vendors were upset, and the affiliating organizations were embarrassed.

Had he started small, none of this would have happened.  If he had compacted this event into one afternoon, the small crowd would have seemed large and the event could easily have led to a daylong event the following year with plenty of time for word of mouth and the promise of more to come to buikld on.  Failing so big damaged his efforts to do this again.

Lesson learned:  dream big, but start small.  Let’s go for our dreams, but let’s allow them time to grow into full blown success we envision.

Photo Credit:  sirwiseowl

Ithaka by Constantine Cavafy

I first heard of the poem Ithaka by the Greek poet C. P. Cavafy at the funeral of Jacqueline Kennedy Onassis.  I was moved when I heard it not only because it was used as an elegy, but how meaningful it is to our modern lives.

When someone reads the Odyssey he/she should pay close attention to the symbolic meaning of this poem.  The Odyssey has a much deeper meaning than what it seems to someone that reads it for the first time.  It is not just a story about a fantastic voyage and a guy overcoming some imaginary difficulties and going back home.  In the Greek view it is an inner-self quest for rediscovering who you really are; at the same time it is a celebration of the human nature and the capability of achieving your goals, even if it means that you have to go through the most difficult and unexpected obstacles to reach those goals.

 

As you set out for Ithaka
hope the voyage is a long one,
full of adventure, full of discovery.
Laistrygonians and Cyclops,
angry Poseidon – don’t be afraid of them:
you’ll never find things like that on your way
as long as you keep your thoughts raised high,
as long as a rare excitement
stirs your spirit and your body.
Laistrygonians and Cyclops,
wild Poseidon – you won’t encounter them
unless you bring them along inside your soul,
unless your soul sets them up in front of you.

Adopting the Utilization Principle for Your Small Business

Utilization PrincipleWe know as small business owners that we depend on discretionary spending.  You’ve probably noticed that for a few years now, discretionary spending has been at an all time low.

With energy prices skyrocketing, the amount of money consumers and businesses have to spend for non-necessities is sliding again.  If you haven’t already done so, you need to reposition what you offer in your business and how you position it in terms of what is referred to as the “utilization principle.”

This concept applies to most entrepreneurs and small businesses.  Adopting the utilization principle requires making trade offs.  There are times that the “Do what you love and the money will follow” mindset may not apply to what you need to do to make money.  Entrepreneurs sometimes think that launching businesses or products in the belief that customers will line up, which might not be the case.

That fact is, virtually all businesses need to think more extensively.  They need to think of who will utilize their service or product, and where they will utilize it.   As an example,  specialty coffee drinks that could be enjoyed only at Starbucks and other higher-end coffee shops now arguably do better in fast-food chains such as McDonald’s or Dunkin’ Donuts, even in supermarkets and shopping center food courts.

Gift basket makers who enjoyed assembling beautiful baskets for special occasions are shifting their sales to customers with a more practical need, such as an orthodontist who depends on referrals from dentists and uses gift baskets to say thank you.  A baker who produces delicious cakes and pastries may do better specializing in wedding cakes.

Know What’s Important


Know what’s important and make time for yourself! Below are helpful tips on how to manage your time better:

  • First and foremost, get your rest! The more rested you are, the more you can accomplish in a shorter period. If you’re tired, you’re usually slower, rework more and end up even more exhausted. Take care of yourself!
  • Become a champion at minimizing the work you take home. Leave enough time to recharge your battery.
  • Go to lunch at 11:00 AM or 1:00 PM to save time both in the line and the time that it takes to get your food. Going to lunch at noon will conservatively cost you at least 15 minutes a day.
  • * Start our day the night before! Update your task list and calendar and put items needed for work the net day in your car the night before.
  • Accomplish tasks electronically. Pay your bill, buy your postage, order groceries online.
  • Worry is a time and energy robber. It’s natural to worry, but you can shorten the time between when you start worrying and when you begin doing something about it.

The 5 Goals of a Project Manager

As a Project Manager, you need to manage people, money, suppliers, equipment—the list is never ending. The trick is to be focused. Set yourself 5 personal goals to achieve. If you can meet these simple goals for each project, then you will achieve total success. So read on, to learn…

The 5 Goals of a Project Manager

These goals are generic to all industries and all types of projects. Regardless of your level of experience in project management, set these 5 goals for every project you manage.

Goal 1: To finish on time

This is the oldest but trickiest goal in the book. It’s the most difficult because the requirements often change during the project and the schedule was probably optimistic in the first place.

To succeed, you need to manage your scope very carefully. Implement a change control process so that any changes to the scope are properly managed.

Always keep your plan up to date, recording actual vs. planned progress. Identify any deviations from plan and fix them quickly.

Goal 2: To finish under budget

To make sure that your project costs don’t spiral, you need to set a project budget at the start to compare against. Include in this budget, all of the types of project costs that will accrue, whether they are to do with people, equipment, suppliers or materials. Then work out how much each task in your plan is going to cost to complete and track any deviations from this plan.

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