Archive for Economy

Cut me, Mick

// April 8th, 2009 // No Comments » // Economy, Success

Rocky BalboaRocky couldn’t see anymore.  He’s in the corner blinded by the swelling from the beating he was taking from Apollo Creed. He says to Mick, his trainer,

My eye… Cut me, Mick… Cut me… Cut me.

After a bit of hesitation, Mick tells his assistant to do it. This is hollywood of course, but what a great picture of a desire to win.  Rocky got his sight back and thus a renewed vision for victory.

We need that sometimes when our focus becomes narrow or when everything just seems dark and hopeless.  I had several comments yesterday after posting my short tweet about the availability of work in today’s “weak” economy.  My quote was something like “It’s out there if you want it.”  I know that is hard to hear when you are losing your home and I”m not suggesting a quick fix.  But I believe this particular bit of advice is apropos to our times.  I stated five things that help me stay on task as I navigate the economic times in business.

1. Avoid Naysayers - Consider the sources where you get your economic outlook.  You’ve probably heard it from some media outlets that subtly or with intention are hoping you’ll buy into the doom and gloom.  Or maybe its a “friend” that likes misery in mixed company. This is caustic if listened to regularly because it is a hope killer.  You don’t know how many people I talk to who run their own businesses that say “Boy, the economy hasn’t hit my industry yet.  I wish things would slow down a bit.”  If you look, you’ll find opportunities for beginning a business or employment opportunities if starting a business is not your thing. It’s out there.

2. Stay Hungry - Why are these small business owners, the ones that are having market success, actually having success? I think it is a combination of things.  Good products, smart business practices, customers who love them, steady growth, being experts at what they do, balanced life, the list goes on… But I believe there is a deeper desire within each: an unstoppable personal drive.  Not sitting back on past successes.  Not resting on ones laurels, so to speak.

3. Take Risks - This doesn’t mean throw your brain out the window, blindfold yourself, and play pin the tail on the donkey with your life. It does mean conquer the fear that keeps you from going after something. From experience, I think fear kept me from achieving the dreams I’d visualized earlier in life. It wasn’t until the fear was gone that I could make those cold calls and build those relationships, required for success in building a business.

4. Don’t go it alone - When you are an island, you are a target.  The bullseye on your back has the crosshairs of a force much greater than you focused on it.  And you can’t handle it alone.  There is an enemy out there that is willing to let you go it alone and will even provide you all the success you want: at a price! At the expense of your family, your relationship with God, and in some cases at the expense of your own soul. It is a series of turns you make when you come to forks in the road that appear harmless on the outset, but will allow you to be isolated from others over time. It can turn you upside down and in the end make you wish you’d never gone down that road to begin with.  I’ve seen it.  It is not good.  A husband can’t expect to spend every waking minute through a decade of marriage working to grow a business while neglecting his wife and not expect something to break. It’s preventable.  Surround yourself with like-minded and successful people.

5. Give Thanks - To whom you might ask?  God, your wife, your kids, mentors, pastors, parents, business partners, teachers.  More than likely there are many people who have added to or assisted with your success. Either through giving you time to succeed or advice on how to do it.  Don’t forget to remember them.

So don’t be afraid to get a little dirty, a little bruised, perhaps even needing to do some minor surgery on your sight. There is victory ahead.

Civics 101 - Answers from Yesterday

// January 13th, 2009 // No Comments » // Economy, History, Mind

These are the answers to the Civics quiz from yesterday. So how’d you do?

1. a

2. a

3. a

4. d

5. d

6. b

7. d

8. d

9. c

10. a

Is this what we’ve become

// December 22nd, 2008 // No Comments » // Daily Life, Economy

Pretty much sums up what’s most important to people today.  Laziness and vanity. Get yours on Facebook today.

theshapeofthings

Deal or No Deal - Starbucks Gold Card

// December 22nd, 2008 // No Comments » // Economy

Starbucks Escher

Are you a Gold member? In this case it’s the Starbucks Gold Card.  It’s “For People Who Really Love Starbucks” according their website.

Here’s the fine and not so fine print.

Starbucks Gold is for those of you we see every day. You’re our heart and soul. You’re the ones who keep us going. Join for an annual membership fee of $25 and receive:

  • 10% off most purchases in participating U.S. Starbucks stores *
  • A free drink when you purchase your membership in-store
  • Option to pay however you’d like (cash, credit card, etc.)

Then when you register, you’ll unlock additional value:

  • A free beverage on your birthday
  • Exclusive offers and discounts throughout the year
  • Free AT&T Wi-Fi access for up to 2 hours each day in participating Starbucks stores

Available at all U.S. company-operated Starbucks locations equipped with a hotspot. Complimentary Wi-Fi limited to one session of up to two hours per day. You must register your Gold Card and use it within 30 days prior to access; open a complimentary account with AT&T; and accept the AT&T User Agreement.

* Gift cards/certificates, publications, digital downloads, and membership fees excluded. Cannot be combined with other discounts or coupons.

So, what’s your take.  The free Wi-Fi is nice.  How many cups of Grande Joe will you need to buy to make up the $25 difference.  I ask myself that same question every year when my Sam’s Club renewal comes up.  “Did I save more than $35 in merchandise discounts to cover the annual fee?”

Ooh, but the Starbucks vibe.  You either like it or hate it.  I suppose it’s just what they said…  a good deal if you can’t do without your Venti Bold.  Me, I’ll wait for a gift card (hey, one came in the mail today. what do you know?)

Congress Website Overrun by Citizens

// September 30th, 2008 // No Comments » // Daily Life, Economy

From the House of Representatives website as I was trying to share some views about the current crisis.

The House of Representatives is currently experiencing an extraordinarily high amount of email traffic. The Write Your Representative function is therefore intermittently available. While we realize communicating to your Members of Congress is critical, we suggest attempting to do so at a later time, when demand is not so high. System engineers are working to resolve this issue and we appreciate your patience.

Dave Ramsey suggests the following course of action.  From an email sent by his organization.  It makes a lot of sense to me.  Who do you trust more with your money, Dave Ramsey or congress?  I mean think about it.

—Start of Email—

We are at a crucial time in our country’s financial history. Congress defeated the $700 billion bailout plan on Monday. However, they are revising it and trying to push it through again. I’m supporting an alternative plan that will keep our nation from going even deeper in debt, and I’ve been on TV and radio all week telling people about it.

We need everyone’s help!

3 Steps to Change the Nation’s Future

Follow the instructions below. Together we can change history.

Pray For Your Leaders

Pray for them to resist a spirit of FEAR and to embrace WISDOM. Even if you don’t like them or agree with them, pray for them and tell them you are praying for them. There is a spirit over this problem that must be broken. Also, most of the media personalities are afraid as well and that is affecting their reporting. Pray for fear to be removed from them; they are making this worse.

Send the Common Sense Fix

Send The Common Sense Fix to your Representatives and Senators and tell them how you expect them to vote, and that if they put this nation in $700 billion of debt, that you will vote them out. It’s their job to listen to us! (Whichever presidential candidate or political party that champions this plan from their leadership down will likely become the next president. That is because this plan fixes the crisis while going along with the wishes of the vast majority of Americans.)

1. First, read this page (PDF)
2. Next, copy the info on this page (text file)
3. Send it to your Senators and Representatives by copying and pasting the text in the web form you’re sent to.

*Note: If their websites are down, that means we’re making a difference! Keep refreshing the page until you get through. You can also go through Congress.org, though we don’t endorse this site.

Tell Others

Forward this email to everyone in your address book and tell them to urgently follow these 3 steps TODAY. The more people we have supporting this and contacting their elected leaders, the more likely we can turn our economy around!

— end of email —

Well I sent it off to Sen Corker and Alexander.  The house website was down.  I’ll try that later.

Ronald Reagan said it best

// September 28th, 2008 // No Comments » // Economy, Mind

The best minds are not in government. If any were, business would hire them away.

Paying for Education

// August 13th, 2008 // 1 Comment » // Daily Life, Economy, People, Work

My kids just starting attending a private Christian school. Since my wife teaches there, we are able to put both of our girls in for free, which is nice. I’m really impressed with this school. My first impression is that parents are truly involved. The school has a program in which parents have to achieve a certain number of points each year choosing from a whole bunch of different activities in order to continue on the following year. Some of these activities include sitting in on your child’s class for an hour, maintaining a section of landscaping on the grounds (adopt a ground), teaching a class, attending parent-teacher meetings, helping with fall festival, etc. Yes, parents can get busy and forget about how important involvement in the school is and specifically the education of their child, but I think it goes deeper to something else.

These parents are paying some good money to get into the school. And in addition to those hefty tuition payments, the parents (whether property owners and renters) still have to pay for public schools through property taxes (renters pay through the lease payment). Though taxes are necessary, they become a hidden fee that you don’t see come directly out of your bank account each month. And that is my point.

When you have to put your money directly from your wallet into something you believe in, you darn sure are going to make every effort to ensure that it is put to good use. In the case of the school, parents show up. They spend time talking with teachers. They get on committees. They want success.

Unfortunately, when our monies are taken through backdoor channels like withholding taxes, electronic tithing (which I do), and property taxes, we can lose connection to that money and its purpose. If every American that now paid withholding actually had to pay it out of pocket like we do for gas in the car, there would be an uproar when it rises exponentially. The thing is, we just don’t see it. If we did, I think we’d each take a little more responsibility with how that money is being used. If public school parents were required to pay for their child directly and not through the property tax system, more public school parents would get involved (and not just in how good the football team is or who is the best chearleader). The effect would be more pressure on the school boards to do the right things and not the politically correct things. Teachers would see the trickle down effect of that. Kids that really want to be there would get a great education. Kids that don’t would save their parents the cost of the tuition and could pick strawberries for all I care. There appears to be enough of that work out there that we now need illegals to do.

So how involved are you?

Head on over to Ethos for Watercooler Wednesday.  You’ll find some good folks there.

TN Tax Holiday this weekend

// August 1st, 2008 // No Comments » // Daily Life, Economy

I guess I forgot about this, but if you still have shopping to do for school, this would be the weekend to do it. Clothing, Computers, and School supplies qualify for tax free.

Pickens Plan - Will it work?

// July 8th, 2008 // 1 Comment » // Daily Life, Economy

The picture tells all. Listen to the video on the website and see if you think it is solid. There is something to be said about having a plan. Pickens takes some of his own money and puts it to the test with wind power. The research looks solid enough.

It appears that more politicians in Washington are moving to the Drill Here, Drill Now platform. It seems like a no-brainer purely from a motivation standpoint. Even just saying we are going to stop buying as much foreign oil will cause prices to go down. In 1970 we were buying 24% of our oil from overseas. Today that number is 70%.

Morning at Henpeck Market

// September 1st, 2006 // No Comments » // Economy, Health


Morning at Henpeck Market

Originally uploaded by icon tact.

Following along the thread of yesterday, here is a great place to grab a real authentic breakfast. Don and Jackie own Henpeck and its a great place to meet friends. I meet with Jack, Bruce, and Tony here Friday mornings for eggs, bacon, and a topic of the day. We were discussing economics of all things. You can find Henpeck south on 431, just past Mack Hatcher. As you enter, say hello to Don, who you`ll find behind the register most mornings.