Running a Business on Limited Resources.

When I first started my business, I went to the bank for a business loan. Simple enough, right? I had my business plan in order, an itemized list of everything that I would need to successfully run my business, and all the necessary documents. To put it plainly, I was turned down. Why? Not because I did not have the credit to back it up, or did not have a good business plan. The reason the bank man gave me was "because I did not understand that over 90% of businesses fail within the first year, and that I was not prepared in case mine did."

While I understand he was attempting to look out for my best interest, I felt cheated. He was not even going to give me the opportunity to fail. On some level, everyone that goes into business for themselves understand that chances are, the business will not make it past it's first year, and I was no different. The only thing was I had faith in myself that I would not give up trying. The loan processor took that as I would spend my life savings before giving up, and he did not want to see me financially ruin myself.

So what did I do? I set out on the adventure on my own, only using the limited resources and financial backing that I had. I bought second hand office supplies and furniture. I bought the small cheap laptop instead of the multi-thousand dollar computer specifically designed for what I would be doing. Without the proper money for advertising, I had to get creative. My advertising methods was unconventional, but they worked. I found that I did not need large amounts of money in order to get my business to the world.

So would I have been so successful had the loan processor gave me the business loan I asked for? I am not sure, because after all, I made it without the money, what would have happened if I would have had the proper money for advertising? Whatever the case may have been, I am glad he did not, because I am not better able to understand the limited resources that many small businesses face.

So how can you run your business on limited resources? Here are a few things that I learned along the way.

1) New vs. Used- When starting your business, you do not need everything to be "new." Second hand items cost substantially less then new items, and work just as well. Plus, if you think about it, customers will be more comfortable around your office if it feels "broke-in", rather then new and sterile. It gives them the feeling that you have been in business awhile.

2) Creative Advertising- You do not need the hundreds of dollars that it takes to place ads in papers or put commercials on TV. It costs very little to design and print you own flyers and put them in places where your potential clients would gather. Turn your vehicle into a moving billboard by investing in a vinyl signage for your doors or windows. The best thing? Face to Face meetings with your potential clients do not cost a penny, so look for every opportunity to talk with our potential clients.

3) Work At Home- Depending on your type of business, you may consider working at home rather then renting office space. This will save you a lot of money on rent and furnishing an office. Once your business becomes more successful, then you can always rent office space later.

Overall, be thankful for the struggles that you go through now, because in the future, they will have been well worth it. Plus, it will give you a better understanding when it comes to other small businesses.
And, no matter what, never give up on yourself.  http://Infosdemocracy.com

12 Essential tips to finding the best outsourcing company

The very foundation of outsourcing means getting someone to handle your work, a partner in business. Ideally the outsourcing consultant or company should have a similar vision as yours and solid work ethics.

Success in business would depend greatly on finding the right outsourcing company and for this you must:

• Determine clearly what your core business competencies are. Know your strengths and weaknesses.

• Clearly define your goals, future business plans.

• Create an outsourcing proposal that outlines your objectives as well as needs. State clearly the details of the project, expectations, timelines, as well as budgets.

• Do in depth research on outsourcing companies to find out which ones will satisfy your needs. Alternately one can hire a consultant to carry out the search.

• Search for an organization that can source many talents. Flexibility in operations is crucial.

• Interview at least 3-4 organizations. Check out their referrals and projects completed. Be sure to meet key personnel to gauge their competencies. And check out their technological expertise.

• Do a cost effectiveness study as also how the selected company will fulfill your needs. Whether their infrastructure and training will be in synchrony with yours. Systems must be compatible. The costing should address impact of increased flexibility, difference in productive and time management, which is the time taken to reach the market and its effect on competition.

• Study thoroughly the non-financial costs as well as advantages of outsourcing. 

• Check with local chambers of commerce like the California chamber of commerce at www.calchamber.com or other associations that focus on human resource like the Sacramento Area Human Resources Association at www.sahra.org.

• Before making a final choice check whether the outsourcing company or vendor is trustworthy, find out what kind of security measures they use, check the company's reputation in the market; determine in no uncertain terms whether they have the right qualifications.

• Seek answers to: are they an established and financially sound company; what is their customer service philosophy; what is their service record; who are their current clients; is their estimate transparent or are there any loop holes; are they limited or can they expand along with your growth; is there an implementation plan; what about disaster recovery mechanisms; can they deliver?

• Check whether communications will be smooth and trouble free and if there are any cultural differences between you and the vendor. If yes will you be able to bridge the difference.

The cornerstones of a good and ideal outsource is a company that will enhance your performance; partner you in growth by infusing talent and technology; will share your visions; and contribute positively.

Interview the companies. After you select one discuss in detail the contractual terms. Be sure to protect your own interests well. It takes trust, collaboration, communication, and chemistry to make an outsourcing successful. http://Infosdemocracy.com

What Innovation Can Do to Your Life

It's a talent that everyone has, yet they think they don't. The power of innovation. If you've ever marvelled at somebody's creative prowess, guess what, you can create and innovate too. It just takes time. Everyone is born creative. The box of crayons in kindergarten were not limited to those who possessed potential; because the truth is, everybody has potential.

You know how long it took to learn to ride a bike or drive or to never commit the same mistake again? It's the same with innovation. It takes a bit of practice and a lot of time before this mind function comes easily when called. This article will teach you a few tips on how to bring innovation into your life.

Don't listen to what other people say. Follow the beat of your own drum. Allowing for the input of other people will only bring cacophony to the music you are trying to make. If you have an original idea, don't waste your time and effort trying to make people understand. They won't. And the help you will probably get comes in the form of negative feedback. If all those geniuses listened to their peers, we would probably still be living in the middle ages.

Spend time on it. I cannot stress that enough, although, please do not mistake this tip to tell you to quit your day job entirely. Do not. This involves some tricky time management but with a little discipline you'll be able to squeeze both in.

Exercise. Take a walk. Run a mile or two. Send all those endorphins coursing through your veins. Exercising certainly clears and relaxes your mind and allows for anything to pop up.

Record your dreams. Aren't some of them just the craziest things that your conscious mind would never have thought of? If you've had these dreams before, and I'm sure have, this only shows you the untapped innovative power you have lying within. So jot down those notes. Those dreams may just create an innovative spark in you.

Find your own style. You can always tell a Van Gogh from a Matisse. You'll know Hemingway wrote something by the choice of words on the paper. So it is the same with you. People will appreciate your innovation more because it is uniquely yours and that no one else would have thought of what you were thinking. That will let people see how valuable an asset you are.

Don't hide behind nifty gadgets or tools. You don't need the most expensive set of paints to produce a masterpiece. The same way with writing. You don't need some expensive fountain pen and really smooth paper for a bestseller. In fact, J.K. Rowling wrote the first book of the Harry Potter Series on bits of tissue. So what if you've got an expensive SLR camera if you're a crappy photographer? Who cares if you've got a blinging laptop if you can't write at all? The artist actually reduces the number of tools he has as he gets better at his craft: he knows what works and what doesn't.

Nothing will work without passion. What wakes you up in the mornings? What keeps the flame burning? What is the one thing that you'll die if you don't do? Sometimes people with talent are overtaken by the people who want it more. Think the hare and the tortoise. Ellen Degeneres once said that if you're not doing something that you want to do, then you don't really want to do it. And that's true. Sometimes you just want something so bad you become a virtual unstoppable. And that is passion. Passion will keep you going.

Don't worry about inspiration. You can't force it; inspiration hits when you least expect it to, for those unpredictable yet inevitable moments you should prepare. An idea could strike you on the subway, yet alas, you poor unfortunate soul; you have no sheet of paper to scribble down a thought that could change the world. Avoid these disasters. Have a pen and paper within your arm's reach at all times.

I hope this article has helped you bring more innovation into your life. Keep in mind that you're doing these things for your own satisfaction and not anybody else's. But soon enough they will notice, and everything should snowball from there.

More self-improvement related info can be found from internet's most complete resource at http://Infosdemocracy.com

5 Tips for Surviving an Unfair Boss

Every job has stress, but the workplace environment can seem almost unbearable when working for an over-demanding or unfair boss. You don't have to like your boss, but you do need to be able to co-exist and co-operate with him for you to be productive and successful at your job.

Other than a change taking place, as I discussed in the article 'Unhappy at Work? A Change is Coming,' there is no perfect solution for dealing with a difficult boss, but here are five suggestions that might make your situation a little less painful.

#1) Think of your boss as a parent and you as his teenage child.

This sounds silly at first, but the relationship between you and your boss is very similar to that between a parent and child. Teenagers often have problems with authority and experience disagreements with their parents. Meanwhile, parents often create rules the child believes to be unfair. If the situation gets bad enough, as soon as the child is old enough he finds a way to move out and make it on his own. Parents aren't perfect and neither are bosses - both will make mistakes.

#2) Do the absolute best job you can.

Sometimes the child misbehaves.

J. Paul Getty once said, "The employer generally gets the employees he deserves."

Make sure you are the type of employee you would want working for you if you were the boss. I know this goes against the notion of revenge and tucking it to an unfair boss whenever possible, but by doing the best job possible you give the unfair boss less ammunition he can use to make your life miserable. He also might think twice about upsetting one of his better employees when there are plenty of other, easier targets he can take aim at.

Don't draw attention to yourself. Unless you are the only one your boss has it in for, there should be plenty of others to draw his wrath away from you. Let someone else wear the target on their back.

#3) Learn all that you can from an unfair boss. 

We can learn something from everyone we come into contact with. While from a good boss we can learn good management techniques, it is also true that from a poor boss we can learn how not to act. Don't just suffer, gain something from the situation that will benefit you in the future. Watch how your boss handles different situations and make a mental note of which techniques worked and which failed.

#4) Forget about yesterday.

Yesterday is history, it's over with. Try not to let your issues from yesterday spoil today. Instead, start each day with a new, positive outlook, telling yourself that today is going to be better.

Sometimes we get into a rut, expect the worse and act accordingly - we subconsciously force a person (in this case, our boss) to act the way we expect him to act. Make sure you are not unintentionally adding fuel to the fire. Starting each day with a fresh slate is the best way to get past previous differences. Holding onto a grudge only hurts yourself.

#5) Take responsibility.

Don't expect someone else to end your suffering.

Complaining is easy, but it accomplishes very little. Worrying about a problem won't make it go away while losing sleep and dwelling on an issue only makes it seem worse. You will never be happy if you are focusing on worry. If you are truly in a situation that is causing you pain, you need to begin taking steps to improve the situation.

The Roman Philosopher Sallust said, "Every man is the architect of his own fortune."

Have you actually looked for another job? Have you tried to improve your skills through in-house training, adult learning centers, books or correspondence courses? Even the smallest step in the right direction is progress. An obstinate boss won't change his ways, but you can improve your own skills. Why not let your difficult boss be the motivation you use to better yourself? http://Infosdemocracy.com 

How do I communicate with my virtual assistant?

A very valid question but also a very easy one to answer. First, you must remember that your professional virtual assistant is a human being, just like you, and just like someone who may sit in the office right next to you. She has feelings, morals, standards, kids, pets, and a life - just like you.

While I can't speak for other virtual staffing agencies, at Team Double-ClickSM, we go to great pains to be sure our clients can communicate directly and openly with their virtual assistants. This ability is vitally important to any business relationship and especially that of a businessperson and his or her assistant. Without that communication, there is no exchange of ideas and tasks.
We do monitor communication between our virtual staff and our clients, but this is simply the mechanics of our business model in motion. We monitor these communications to first be sure the communications are there and second so that we can step in if we spot a problem or see something that can be done more efficiently. However, we encourage our clients to get to know their virtual assistants on a personal level as well. As with any relationship, the better you know one another, the better you'll be able to anticipate one another's moves, needs, and pet peeves. Now that the "why" is out of the way, we can talk about the "how".

Of course, there are several options for communicating tasks, assignments, and other matters to your virtual assistant:

E-Mail is a very effective mode of communication when working virtually. It allows you to quickly attach a file and send it to your virtual assistant so that she may make changes, print a letter and mail it, or keep it as a reference. Be sure to talk to our Client Services Rep Denise Schrock or your virtual administrative assistant if you need help attaching and sending files.

Using the telephone to communicate with your virtual assistant, while obvious is quite underutilized and so simple to do. Tired of looking up your virtual assistant's phone number each time? Simply program her phone number into your office phones and cell phone's speed dial. One-touch dialing your virtual administrative assistant is a snap and no harder than buzzing a bricks-and-mortar assistant in the next room

Instant messenger is another example of a wonderful technology, which is underutilized when it comes to communicating with virtual assistants. There are several excellent instant messaging programs and they're so easy to use.

IM programs to check out:

Yahoo: http://messenger.yahoo.com
MSN: http://im.live.com/messenger/im/home/?source=MSNTDLINK
AOL: http://www.aim.com
ICQ: http://www.icq.com

With an instant messaging program you can, with just a couple clicks of the mouse, type messages back and forth with colleagues and your virtual assistant - all in real time. You type, she types, and before you know it, the questions you and she had are all answered and you can move on. http://Infosdemocracy.com

A Leader Should Be Willing To Take Responsibilities

Who would forget the ever-famous line of Peter Parker's grandfather, "With great power comes great responsibility." The society expects Spider-man, a comic book, TV, and movie superhero, to be responsible for saving his town, or even the world, in some instances, from evil because he has super powers.

From all the episodes he appeared in, he never let us down. With the power he possesses, he makes sure to be responsible in using it for the good of the people around him.

Leadership is not at all different from being superheroes. Yes, you may not have super powers like Superman and Spider-man, but you have the authority to lead other people towards success. This is so much greater and stronger since it is a power that can be used by real people in this real world.

Hence, being a leader requires great sense of responsibility, the second quality a successful leader should attain.

The power to lead your people towards aiming your vision comes with responsibilities like making sure they are on the right direction, being aware of each and everyone's tasks and mistakes, and putting them back on the right track when they get lost.

Who said it is easy to be a leader? Well, it is not…It comes with tons of responsibilities. True leaders are willing to accept them all.

There are instances where sometimes it makes us feel better to blame somebody or something else when something goes wrong in a task. However, this should not be practiced, especially by a good leader!

A leader should take full responsibility of a task - not just before he accepts to take it, but also after it has been accomplished. As much as he is responsible for his team's success, he should also be responsible for any failure. He represents the whole team so whatever happens to it, he is the one responsible.

Making excuses and blaming something or someone else for failed jobs is not a quality of a good leader. What he should do, instead, is to accept the fact that something went wrong with the organization, even if it is not his fault. It is normal to make mistakes. In fact, mistakes are opportunities to learn something better. As a leader, he must ensure that the team members learn from these mistakes and that these errors will not be repeated next time.

You may not have full control over other people and are not expected to have full control over their actions, but you have full control of your own reactions. Knowing what to do over unexpected and unpredictable situations will make you responsible, hence giving you the feeling of power.  http://Infosdemocracy.com

The Keys To Success In Business

Success in business has nothing whatsoever to do with salesmanship, little to do with a knowledge of your company's products or services.

It is owing to some far more basic fundamental principles which will determine your success or failure at anything you do in life.

They are your A,B,C's, Attitude, Belief and Consistency. Taking them in reverse order.

Consistency
We get up every morning, we brush our teeth wash, get dressed have breakfast. We are consistent in our actions. We do it every day. We need to do the same in being consistent with our tasks associated with our business for the days that we have chosen we are going to work, be it 1 or 7 days a week. We need the 6 marbles in our left pocket or left side of our bag and transfer 1 marble to the other side every time we have carried out a positive action i.e. seeing a customer, talking to someone about the business, etc. etc. We need to do it consistently. We need to have transferred all 6 marbles (better still 10) by the end of the day. We need to concentrate on the actions not on the result. I'll repeat that, we need to concentrate on the actions not on the results.

When we go mountain climbing, if we would continually look at the summit we would soon trip up and fall. We need to concentrate on every step at a time, one after the other and as surely as the sun goes down we will reach our summit.

Belief
An absolute and genuine belief in our business, it's products and services and what it can give it's customers.

Attitude
Possibly the most important of these three but useless on its own. It's no good having the best attitude in the world if one's sitting on one's own in a closed room not talking to anyone. So what is attitude apart from how one feels about oneself and others. I describe it like this.

Your face is transparent, totally transparent and your attitude shines through whether it's positive or negative. The first second that a prospective customer sees you maybe even before you see him, your attitude comes through. The customer sees it, maybe only subconsciously and will react accordingly. We all know that the first thing any salesperson has to sell is themselves even before they open their mouth. If they can't sell themselves they might as well turn round and go home and go back to bed. If they can't sell themselves they wouldn't be able to sell packet of peanuts or a Mars bar.

Another description of attitude, when I took my 14 year old daughter recently to Disneyland Paris we went one evening to an aquatic circus. Very unusual, people diving, dancing and somersaulting on water. It was a spectacular show. What made it even more enjoyable (we were sitting on the front row) was the fact that all the performers without exception were obviously really enjoying themselves. They were loving every minute of it and gave it their all. Their attitude really shone through like a beacon and this made our enjoyment total.

So when we get up in the morning and do our consistency things let's get a really big warm smile from within feeling good about ourselves and keep that all day. When we go about our business we need to keep out good attitude with us. If we can't also be in the place where we are physically there's no point being there in the first place. It's easier to ride a horse in the direction that it's going.

So those are my 3 all important ingredients that determine one's success or failure at anything in life.   http://Infosdemocracy.com