Archive for August, 2009

Please, just once, say: “I don’t know”.

Thursday, August 20th, 2009


Mr. Know-it-AllThat last post – the drawing of the various ways business can be built or ruined – had me mesmerized. What was the one negative element that really stood out for me ?

Aha ! “Hotel Know-It-All”.

Is there a “know-it-all” in your networking group, or on your team? How can they be recognized? Usually you will know by the 2nd or 3rd encounter.

First of all, they are not “likeable”. They are “annoying”. When you try to convey information, they interrupt, declare they already know that, and proceed to explain how they were personally consulted on the fifth day of creation. Or perhaps you have met the one who goes off “half-cocked” to handle a project and winds up “screwing up the works”.

Secondly, they are unwilling to consider change. Why? Because they already know what works! “Tried that before – it flopped!” “This is the best way to get that done – did it before and it worked like a charm!” Why are WE wasting our time brainstorming??

Thirdly, they seem to have an unlimited storehouse of knowledge on every, yes every, topic !! Many times that knowledge avalanches into an opinion which carries the weight of an edict. Conversation is usually a monologue.

They don’t know the difference between expertise and elitism.

So what next?

Well, if they are a supplier, chances are you will try to find another source. Why? Because, given choices, we opt to deal with people we like and trust. Consequently, you most likely find yourself dealing with the “K-I-A” only if you have no other options.

Fortunately, you’ll find most “Know-It-Alls” to be in a position of authority – but rarely are they the boss. (Thank goodness the “Peter Principle” doesn’t always apply!) They turn out to be the employee that possesses the necessary skill crucial to the business. (How about that !!) However, prudence teaches that they would (or should) have limited or no customer contact unless absolutely necessary. After all, it is your business, and last I checked, customers were the backbone of business stability.

So, there you are at the next business luncheon. The only seat available is at the table with . . .Yep . . . Harvey “K-I-A”. Darn! Just look at the bright side – you will be able to eat your lunch without interruption. Hope you did lots of networking beforehand. You did remember your antacids, right?

As for me, I’m going to seek out a 17 year-old. I’m told that they know the answer to everything and I can’t remember where I left my thumb drive.

Road to Business Success: What route are you taking?

Tuesday, August 11th, 2009


Click to view full-size

Click to view full-size

Well, if a picture is worth a thousand words, then this picture pretty much says it all.
















Image contributed by The Rails Team


Small town. Metropolis. Same Problems.

Monday, August 3rd, 2009


Burning TimeOne of my favorite blogs is Small Biz Survival, not because I live in a small town, but because I am partial to them. They all have a local eatery with great pies, burgers, and conversation – and only the “locals” know about them.

So what does this have to do with Invoicing?? Lots. Recently Becky McCray posted an article on why businesses “procrastinate on invoicing”. Her conclusion: “It’s not fun”!

True, true, true.

Becky suggests 4 ways to attack the invoicing procrastination bug – all of them valid.
Why you procrastinate on invoicing and what to do about it

The question then arises: Which one will work for you?

I think that the answer lies in the type and size of your business. Mega-businesses may have more leeway on time for receivables. Micro-businesses, however, usually rely on healthy cyclic or even immediate payments.

Do you need consistent and timely turn-around of “work-performed to payment-received”? If so, then your habits need to become focused on getting that invoice out immediately. What could be more convenient to the micro-business owner than electronic invoicing?

Sharp, professional, customized invoices (or estimates) can be e-mailed to your customer’s computer from your laptop or smartphone. Do it before you even pull your truck out of their driveway! You can even set up automatic e-mail reminders for due dates – for those “procrastinating customers”.

For the Micro-business owner who thinks like a conglomerate, electronic invoicing may be “just the ticket”.

See you later. I’m off to the Beach Hut Café. They have the best breakfast along the eastern Florida coast. It’s a “local” thing !