Thursday, October 08, 2009

OCT 3ML Briefcase

ARTICLES for BUSINESS and MANAGEMENT
Below you will find summaries from the unique 3ML Briefcase. Over the first 2 weeks of every month, summaries for all 32 articles appearing in the current month’s online magazine are presented. Articles rotate every day with 4 new articles appearing in the respective subject areas (leadership, business and management, marketing and productivity). Key links for the 3 Minute Learning website include:
Free Articles
Video News Feeds
Special Interest Articles
3ML Amazon Store
Books and Audio
Your marriage falls apart, you or your partner is laid-off or your spouse gets ill and you lose half your household income. The financial pressures sweep in like a sudden high tide and as one of my clients wrote me, "I feel so pressured to make money I can't think." What do you do in a situation like this? "Forget about the bladdy-blah-blah of patience and organic growth, man! I need to make the rent like, yesterday!" Okay, but first you need to know about the two wings of growth.
Entrepreneurs cannot work their magic in a vacuum. While the Lone Ranger and Dirty Harry may have made for some great TV, they did not have to sell a good, woo a customer, win a client or impress an investor. This kind of personality is perhaps the least conducive for home business purposes, yet some entrepreneurs have found that they slipped into the mindset of its being against the rest of the world.
The typical business, whether online or offline tends to go through phases just like everything else in life. The slow times normally brings out the best creative ideas or can be the deciding factor in whether or not the business survive or not. Learning how to monetize your business for long term profitability and security is crucial to its success.
Mary saw it coming. The economy had dramatically impacted the company she worked for and there were several of pink slips handed out on Friday afternoon. Her job had been axed, along with several of her coworkers. What now? She and her husband had talked about the possibility of a lay-off when the economy first slumped and Mary had said at the time that she had dreamed of owning her own business. In her spare time she painted watercolor. Friends and family had encouraged her to pursue it as a career but she had never had the nerve or opportunity until now.
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