Reflections of a BizDrivenLife

A Technology Entrepreneur Shares his tips on how to win in Business… and in Life!

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Some Humor

August 18th, 2006 by Administrator
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Great Humor not only tackle the funny bone, but also delivers a punch line that makes us think about our lives, our relationships and the way we interact.

Here’s humor that is a subtle dig on married life.

Knowing the parts for the school play were supposed to be posted today, a father asked his son if he got a part.

The son enthusiastically announced that he’d gotten one. ” I play a man who’s been married for 20 years.”

Read the rest of this entry »

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Posted in Humor and Jokes | 2 Comments »

A culture of Business Achievement

August 18th, 2006 by Administrator
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General Electric is the world’s most valuable company. As a company with dozens of different kinds of businesses employing a couple of hundreds of thousands of people, it nevertheless maintains a nimbleness and aggressiveness rarely seen in most big companies.

This, they say, is due to the culture of business achievement that is the hallmark of the company. What it is focused in order to achieve its business goals is to make sure that executives drive the “right behavior”all across the company.

It is so strong that executives Read the rest of this entry »

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Downselling as a Strategy to turn Prospects to customers.

August 18th, 2006 by Administrator
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If you are selling premium items, one way to increase your market reach and customer base may be to downsell. Create a low cost, easy to purchas e alternative that are meaningful to your target customers, and yet does not need a big decision or commitment in time or money.  More …

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Posted in on Business | 1 Comment »

Buying a Business?

August 18th, 2006 by Administrator
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As an entrepreneur who have started over seven businesses, and have continues to be involved in all of them, it has never occured to me that buying or selling businesses in itself was an option.

However, there are advantages of buying an existing business, and according to this blog, there may be really good reasons to do — in Canada, seventy per cent of businesses do not make the transition to the next generation.  This may be because the siblings now have more options to do what they really want to do, and may not necessarily be interested in taking over the family businesses.

When you consider the other statistic he presented that as many of 70 per cent of the business owners ( now in their fourties and fifties) expect to retire over the next decade, there may be lots of opportunities for businesses to have in buying or taking over family businesses.

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Posted in Entrepreneurship | No Comments »