Posts Tagged ‘business’

Developing Employees. Part 3

Friday, October 26th, 2012

Responding to the market

With competition or the threat of competition, the first thing many owners do is cut membership rates and employee costs and benefits. This directly conflicts with growing your organization and keeping quality employees. Dropping rates is an easy short-term approach, but it will always be the first step to putting a club out of business. As prices drop, more members will join the club. (more…)

Developing Employees. Part 1

Wednesday, October 24th, 2012

Just as is the case with members, developing and keeping good employees
is more profitable than continually replacing them.

Within the fitness industry, owners have fought an ongoing conflict between providing long-term job stability and career opportunities for employees, and meeting business and profit expectations for themselves and their investors. (more…)

Imagination is better than knowledge. Part 2

Tuesday, September 4th, 2012

A theory of the business is based on assumptions — the stuff of imagination. (Of course assumptions should be as realistic and as specific as possible, but they are about the future, of which no one has knowledge.) (more…)

Imagination is better than knowledge. Part 1

Tuesday, September 4th, 2012

You may be securely leading your market, but are you falling behind yourself?

“Attaining one’s objectives … is not cause for celebration, it is cause for new thinking.” Peter Drucker included this advice in his 31st article for Harvard Business Review, last fall. Of course, one who is falling short of business objectives will already be aware of the need to do some rethinking. (more…)

Linux opens door to low-cost, easy-to-use devices

Thursday, December 1st, 2011

We know the cost of computer technology has dropped precipitously over the past few decades. We hear this point made at conferences. Speakers observe that if cars had experienced the same technological progress as computers in the past two decades, they would travel thousands of kilometres on a litre of gas, boast 40,000 horsepower and cost less than $500.


Loved Ones Eat the Crap Post 6

Tuesday, October 18th, 2011

Anyway, the loved ones get to help in the immunity challenge. The pairs are tied together at the wrist and they must put together the cube puzzle. Ok, this takes place after a LENGTHY time of crying and hugs. Plus, I found it very interesting that we were privy to Brian’s comments to CC during their hug, “I’ve got a plan going on, too, big time.” (more…)

Selling Your Used Car Post 3

Thursday, May 12th, 2011

With the exception of a few born chiselers, it isn’t that hard to make a deal with these people. If there’s a problem, it’ll come later, when their check bounces, or when they call back in three weeks and want you to pay for a $500 repair bill, claiming you knew about the problem when you sold it. (more…)

Driving Dealers Off the Road Post 1

Wednesday, March 16th, 2011

Mike Kinnear, owner of a small car dealership in Jasper, Texas, has looked into online referral services, and has his own Website for prospective customers. But when it comes right down to it, he insists, the Internet is no way to sell cars. “Internet car buying is a fad,” he drawls. “We’ve got a Website, but as far as selling cars, it hasn’t sold the first one.”


Market Jitters

Wednesday, March 9th, 2011

This past winter, the notoriously frugal Sanford Weill, CEO of Travelers Group, acquired another brokerage house. So how dangerous a time could it be for the stock market? Price-earnings ratios may be too high and dividend yields too low, but baby boomers will keep socking away money in their 401(k) plans, the bulls argue. And with inflation low, productivity high and labor cheap, why wimp out and worry about being trampled by runaway bulls? Bulls have the economy going for them right now.