Sunday Biz Thought: Why are you in business?

Why are you in business?

Sunday Biz Thought:   When is the last time you have taken the time to think and reflect  on the question,  "Why are you in business"? 
 Of course many will jump and say the obvious answers ...
 be my own boss,
 make lots of money,
 have no one telling me what to do,.
 freedom
 I know I can do better than my old boss
 and etc, etc etc.

Few of us would openly admit  that we are in business for more than material things and a drive to success.  

 I would like to add that we are in business because we are able to create an environment that we can help build a neighborhood, provide jobs, hope and opportunity.

Yes, we have to make a living and provide for ourselves and family and our employees.  But we also need to have a mission that is more than the accumulation of material things... we need a purpose bigger than the drive to success.

As the old year winds down and the new year is about to begin I invite you to find your  inner purpose.  I believe you will enjoy being in business a great deal more when you serve a broader mission. 
 One of the good things about  what I do for my business is how many small business owners I know, who   have found a way to serve their  community, creator and help others while building a business. 

Not only do our wallets need fed...our souls need to be fed. In invite you to take some time to reflect on what you as a business owner can do to make lives better. 
Peace on this Sunday to you and yours.

OWN Onyx Woman Network Interview on Pricing and Negotiating..J. Forrester with Ola Jackson

eTrouble at the North Pole..Elves Grumbling..Reindeer Picketing

TROUBLE AT THE NORTH POLE...ELVES GRUMBLING...REINDEER PICKETING...MRS. CLAUS REBELLING!

JoAnn R. Forrester

Empress of Biz

 

For the past few months we have been discussing the problems of growth and what can happen when a small business “hits it big”.

A good illustration of this is a small “Mom and Pop” toy manufacturer.  The owner, Mr. Kris Kringle,“a.k.a.” Santa Claus, shared his concerns about the business. Our business was established in 1620.  We have a net worth of 10 billion dollars and considerable real estate holdings. I am the 10^th generation of Kringles to head CHRISTMAS is US (CIS). As a family owned business we have been able to handle the demand for presents for children all over the world.

  We have developed an excellent manufacturing plant, great marketing system and efficient transportation system that delivers millions of presents on December 24.  Each year our customer base has grown and we have met the demand.  Unfortunately, the past few years has been very difficult on myself, Mrs. Claus, the elves, Rudolph and the rest of the reindeer,” shared Mr. Claus. 

“We have an overwhelming demand from the children for these new electronic toys and gadgets.  It has been almost impossible to keep up with all the updates and changes.  In the past, we only had to add a few new toys to our line each year--now its hundreds. 

 We have to modernize to meet the increased demand. Re-educate the elves on electronic devices, hire staff to deal with the demands of social media and develop a new interactive web site.  Our costs have skyrocketed and my banker, Mr. Scrooge, is dragging his feet about increasing my line of credit.  On top of everything, Mrs. Claus is upset because I told her the banker is demanding she has to computerize her bookkeeping and inventory.  I don’t know what I am going to do. The elves have always been a jolly lot.  Now they are grumbling all the time and demanding travel expenses and three months’ vacation.   Plus, the reindeer are asking for expense money for those additional trips to pick up material…and demanding I loose weight”. 

The following recommendations were given:

1.  Find a banker who has a different name than Scrooge.

2.  Hire an accountant to work with Mrs. Claus and give her two weeks in New York. 

3.     Establish a bonus system for the elves.

4.     Add more reindeer to the team to reduce the load.

5.     Bring on some younger elves to head the design team.

Happy New Year Folks..may it be a prosperous and productive year!

               

If you would like to learn more about growing your business listen learn and prosper  with the  Empressof Biz --Reinvent in Rugged Times on www.talkshoe.com Caller Id #80050  or we are syndicated on www. pplmag.com.  Or give JoAnn a call at 412-440-6969.