Read something on the magazine and something that i will find quite useful in the future.
Objectives of the business
Conserve cash
Protect Assets
Reduce costs
Improve efficiences
Grow Customer base
Recommended Best Practive Activities
1. Diligently monitor your cash flow
2. Carefully converst your inventories
3. Re-focus your attention on your existing clients/customers
4. Re-evaluate your staffing requirement
5. Shop for better insurance rates
6. Re-evaluate your advertising
7. Seek the help of outside advisors
8. Review your other expenses
Hopefully in the future.. i will go back to this post and re read and make things better in the worst
Cheers
Friday, August 30, 2013
Thursday, August 29, 2013
Emailing
Dear my diary,
One of my to do lists, to find a shop and write an email to them, stating that I would like create a win win business opportunity for both of us.
Once i finished writing my email..
i wrote another action (number 14)
To Contact customer in 5 days time if he or she does not reply on 04xx-xxx-xxx
After a good 10 minutes (while i am procastinating)
I received a phone call, from the number above!
I was like... SHIT... why the hell she/he contacted me so FAST????
and one of my downside is, I HATE TAKING UP PHONE CALL!
and i let it rang.... and guess what? i did not answer the call
HOW DUMB CAN I BE??? I COULD JUST RUINED MY CHANCE TO DO A BUSINESS WITH HIM!!!!!
WHAT THE HELL AM I THINKING???
I FEEL SO DUMB NOW!!
i need to change the way i act from now on! Just answer that silly phone first!!!!
How stupid can i be??
Should-i-call-back-now-or-wait-till-tmr?
One of my to do lists, to find a shop and write an email to them, stating that I would like create a win win business opportunity for both of us.
Once i finished writing my email..
i wrote another action (number 14)
To Contact customer in 5 days time if he or she does not reply on 04xx-xxx-xxx
After a good 10 minutes (while i am procastinating)
I received a phone call, from the number above!
I was like... SHIT... why the hell she/he contacted me so FAST????
and one of my downside is, I HATE TAKING UP PHONE CALL!
and i let it rang.... and guess what? i did not answer the call
HOW DUMB CAN I BE??? I COULD JUST RUINED MY CHANCE TO DO A BUSINESS WITH HIM!!!!!
WHAT THE HELL AM I THINKING???
I FEEL SO DUMB NOW!!
i need to change the way i act from now on! Just answer that silly phone first!!!!
How stupid can i be??
Should-i-call-back-now-or-wait-till-tmr?
Wednesday, August 28, 2013
Selling my lego
I have been investing in a small investment and try to re sell them
it is not as simple as i thought, selling to earn and get a client is hard!
VERY F-ing HARD
Up until yesterday. I only post my ad on EBAY and GUMTREE,
but today, i will step it up a notch.
Hence,
instead of putting my ad on EBAY and GUMTREE, I have my ads on
EBAY
GUMTREE
LOCANTO
NOFLIES
GEEEWIZZZ
ADPOST
Hope i can make sales from those websites.
My next step would be... approching toys sellers for b2b ! hope to get some answer!!
Woohoo...
it is not as simple as i thought, selling to earn and get a client is hard!
VERY F-ing HARD
Up until yesterday. I only post my ad on EBAY and GUMTREE,
but today, i will step it up a notch.
Hence,
instead of putting my ad on EBAY and GUMTREE, I have my ads on
EBAY
GUMTREE
LOCANTO
NOFLIES
GEEEWIZZZ
ADPOST
Hope i can make sales from those websites.
My next step would be... approching toys sellers for b2b ! hope to get some answer!!
Woohoo...
ACTION not motion
It hits me hard.
Reading this article below... i realised that i have been doing MOTION ALL THE TIME!
Time to take action!
I will write down all my actions in this blog and see how it goes.. hopefully it goes well!
Below article is taken from lifehacker.com
http://lifehacker.com/the-mistake-smart-people-make-being-in-motion-vs-taki-1143223597
Reading this article below... i realised that i have been doing MOTION ALL THE TIME!
Time to take action!
I will write down all my actions in this blog and see how it goes.. hopefully it goes well!
Below article is taken from lifehacker.com
http://lifehacker.com/the-mistake-smart-people-make-being-in-motion-vs-taki-1143223597
There
is a common mistake that often happens to smart people—in many cases,
without you ever realizing it. The mistake has to do with the difference
between being in motion and taking action. They sound similar, but
they’re not the same.
Here’s the deal…
Motion Vs. Action
Motion is
when you’re busy doing something, but that task will never produce an
outcome by itself. Action, on the other hand, is the type of behavior
that will get you a result.
Here are some examples…
- If I outline 20 ideas for articles I want to write, that’s motion. If I actually write and publish an article, that’s action.
- If I email 10 new leads for my business and start conversations with them, that’s motion. If I actually ask for the sale and they turn into a customer, that’s action.
- If I search for a better diet plan and read a few books on the topic, that’s motion. If I actually eat a healthy meal, that’s action.
- If I go to the gym and ask about getting a personal trainer, that’s motion. If I actually step under the bar and start squatting, that’s action.
- If I study for a test or prepare for a research project, that’s motion. If I actually take the test or write my research paper, that’s action.
Sometimes
motion is good because it allows you to prepare and strategize and
learn. But motion will never—by itself—lead to the result you are
looking to achieve. It doesn’t matter how many times you go talk to the
personal trainer, that motion will never get you in shape. Only the
action of working out will get you the result you’re looking to achieve.
Why Smart People Find Themselves in Motion
If motion doesn’t lead to results, why do we do it? Sometimes we do it because we actually need to plan or learn more. But more often than not, we do it because motion allows us to feel like we’re making progress without running the risk of failure.
Most of us
are experts at avoiding criticism. It doesn’t feel good to fail or to be
judged publicly, so we tend to avoid situations where that might
happen. And that’s the biggest reason why you slip into motion rather
than taking action: you want to delay failure.
Yes, I’d like to get in shape. But, I don’t want to look stupid in the gym, so I’ll just talk to the trainer about their rates instead.
Yes, I’d like to land more clients for my business. But, if I ask for the sale, I might get turned down. So maybe I should just email 10 potential clients instead.
Yes, I’d like to lose weight. But,
I don’t want to be the weird one who eats healthy at lunch. So maybe I
should just plan some healthy meals when I get home instead.
It’s very easy to do these things and convince yourself that you’re still moving in the right direction.
“I’ve got conversations going with four potential clients right now. This is good. We’re moving in the right direction.”
“I brainstormed some ideas for that book I want to write. This is coming together.”
You feel
like you’re getting things done. But really, you’re just preparing to
get something done. And when preparation becomes a form of procrastination, you need to change something.
Ideas for Taking Action
I’m sure there are many strategies for taking action, but I can think of two that have worked for me.
Set a Schedule for Your Actions
Every
Monday and every Thursday, I write a new article and publish it to the
world. It’s just what happens on those days. It’s my schedule. I love
Mondays and Thursdays because I know that I will always produce
something on those days. I’ll get a result. That’s a good feeling.
For weightlifting,
I train on Monday, Wednesday, and Friday. That’s the schedule every
week. I’m not planning workout exercises. I’m not researching workout
programs. I’m simply working out. Action, not motion. For ongoing goals
and lifestyle changes, I think this is the best approach. Set a schedule
for your actions and stick to it.
Pick a Date to Shift You from Motion to Action
For some
goals, setting a daily or weekly schedule doesn’t work as well. This is
the case if you’re doing something that is only going to happen once:
like releasing your new book, or launching a new product, or taking a
big exam, or submitting a major project.
These
things require some planning up front (motion). They also require plenty
of action to complete them. For example, you could set a schedule each
week to write each chapter of your book. But for the book launch itself,
you could spend weeks or months planning different venues, locations,
and so on.
In a situation like this, I find that it’s best to simply pick a date. Put something on the calendar. Make it public.
This is when X is happening. For big projects or one–time goals, I
think this is the best approach. Force yourself out of motion and into
action by setting a hard deadline.
Choose Action
Never mistake activity for achievement. —John WoodenMotion will never produce a final result. Action will. When you’re in motion, you’re planning and strategizing and learning. Those are all good things, but they don’t produce a result. Are you doing something? Or are you just preparing to do it? Are you in motion? Or are you taking action?
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