Think Daily for Businesspeople Messages

March 6, 2015

How do you (de)motivate people?

Larry Janesky: Think Daily

They usually come to your company motivated on the first day.

The most important thing to do is avoid de-motivating them.

Have you suppressed their motivation with unnecessary rules, policies, treating them like children, signs, scolding them, swearing at them, bad attitudes, or allowing their department manager to dispense any of the above?

 

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March 5, 2015

Stuck with "A beginner's profit"

Larry Janesky: Think Daily

Have you lived the same business owner’s life over and over? Do you have one year experience 15 times or 15 years experience?  Are you getting better at running this thing?

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March 4, 2015

"Hidden Profits"

Larry Janesky: Think Daily

If you have $20,000 in receivables on Jan 1, and $60,000 in receivables on Dec 31, you made $40,000 and loaned it to those that owe you money.  If you have $20,000 more in product inventory at the end of the year than at the beginning, you made $20,000 and decided to buy inventory for future jobs with it.  (Hopefully the inventory is usable and still relevant.)

If you bought a new truck or computer or desks or buildings, (things that last and provide you benefit longer than a year), you made money and decided to invest it in your future.  Many business owners don’t make as much money as they had hoped, but have built/invested in their businesses to be greater profit generators in the future.

What “hidden profits” did you have last year?

 

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March 3, 2015

Time Marches On

Larry Janesky: Think Daily

You can’t “manage” time.  It keeps going at the same rate and you have the same quantity as you did yesterday, and as everyone else does.  

What you can manage is priorities; what you are doing with your time, and what you are not doing.

What are your priorities?

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March 2, 2015

Why Some Successful People Aren't Happy

Larry Janesky: Think Daily

This may be the most important message some entrepreneurs ever read.

Some people have achieved a lot, but still aren’t happy. This is because they compare themselves to their ideal (life, business, accomplishments). They are always reaching, and when they get it, they reach for more. This is a great attitude to keep you moving forward, but in thinking about it all each day and determining how happy you should be, it doesn’t work.

Instead, compare yourself to WHERE YOU STARTED.  How does it feel to be here and have accomplished this much in relation to where you came from?  That’s what matters.

In thinking of it this way, it’s easy to be happy.

 

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February 27, 2015

The Drilling Innovation Dividend

Larry Janesky: Think Daily

How much money will your family save this year because of lower gas prices?

How much will your company save?

What effect will this have on consumer spending on other things?

What effect will it have on your bottom line?

What effect will it have on Russia, Venezuela, Iran and other countries who have less free people/markets and less innovation and have developed little else to offer the world?

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February 26, 2015

Mistakes in Business Cost $

Larry Janesky: Think Daily

What mistakes are you making, or did you make last year? How much do you reckon these mistakes cost you?  Really, what was the cost in dollars?

Are you going to repeat these mistakes this year?

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February 25, 2015

Hobbies are not necessarily businesses

Larry Janesky: Think Daily

Some passions are not businesses, and best remain a hobby.

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February 24, 2015

There's only one problem.

Larry Janesky: Think Daily

For entrepreneurs – there really is only one business problem.  

You.

With the right changes to you, your other problems go away.

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February 23, 2015

Confident Salespeople

Larry Janesky: Think Daily

The objective of training salespeople is to give them the confidence that they have a winning hand when they are in front of a customer and up against the competition.

Do your salespeople feel they have the winning hand?

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