Posts tagged as:
business
There is No Such Thing as Best Practices
Shocking, against the mainstream believes, but true.
It is a statement from Mike Myatt, the writer of The Problem with Best Practices, a knol I just stumbled on in Google Knol today.
In fact, I blogged about it on my new blog-magazine, Knol Today - and I think I want to share his and my view regarding the problem with best practices.
The following is what I found interesting with Mike’s insights on best practices.
Best practices are not always the best for your business
Mike state that best practices are only a collection of methodologies, processes, rules, concepts and theories that have previously achieved success. This previous success cannot be regarded as universal truth, which unfortunately, many business experts, consultants and coaches insist you the otherwise.
Many so-called experts develop a book, training or software products that ’solutionised’ the best practices in the form of methodologies, concepts, theories and all things above. I truly agree to what Mike explained, that once this best practices become productised, that when objectivity is removed from the equation.
I am not saying that those books, training or any products that focus and utilise on best practices are bad. Many of them are actually excellent products, that if implemented correctly will yield the expected results.
However, you must remember that business issues, although similar, is not the same from one business to another. Together with the fact that business world is ever-changing and dynamic, it would be wrong to take the best practices as they are.
Best practices make you change into ‘me-too’
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Great business doesn’t have to be cutting-edge.
Many small businesses survive recession and stand the test of time. The businesses are typified as having long business life cycle, non-seasonal trend, and fulfill a need in the marketplace.
One of those strong survivors is ID card printing business.
ID Card printing business 101
In essence, ID card printing business involves card printing and the provision of complementary products and services.
The complementary products and services ranges widely, and are the main reason ID card printing business remains a lucrative one for a long time.
Some of the products and services include custom lanyards and badge reels, ID printer accessories and supplies, and ID card printing equipment, such as card printers and slot punches.
ID Card printing business prospects
Like I mentioned above, ID card printing business does survive recession. I know this because I have a small ID card printing shop :)
ID card printing shops definitely fill a need for ID in many organisations in wide array of industries - Employee IDs, member IDs, student IDs and event IDs (e.g. expos, conventions, seminars, etc.) to name a few.
Regarding the prospects, the potential of this business is actually limitless. For example, the recent issue of child safety creates a niche in ID card printing business - Child safety ID business.
Moreover, the characteristics of ID card printing business itself enable this business to be a work at home business, and even an online business!
Tips on starting an ID card printing business
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Business or Busy-ness?
A typical day of a business person - Go for work at 7.00. Have a meeting at 8.00. Calling clients and managing business issues up until 06.00 - even more… even up until midnight.
A successful business person image? Perhaps.
The person might be very well successful, but the lifestyle is not a best fit for every entrepreneur.
I don’t know about you (please share! :D) But to me, it’s not what I’m thinking about entrepreneurship.
Perhaps I was being lazy, but I think the business person I described above is not doing business - the person is doing busy-ness.
Busy-ness - being busy all the time taking care of the business.
Nothing wrong with this, but there are ways to enjoy your perk as an entrepreneur - a.k.a. working whenever, wherever you want and having your business run with or without you.
In term of blogging, I’m not your ProBlogger’s Darren Rowse type of entrepreneur - he does full-time blogging. I’m a more Entrepreneurs-Journey’s Yaro Starak type of entrepreneur - he pursues minimal working hours per week.
Don’t get me wrong, I considered both as my mentors in blogging (I was into John Chow before, but I guess I’m not really into John’s writing style - sorry, John! :D) But how they do their business really turns me as a fan of Yaro Starak :)
I agree with Yaro’s concept of entrepreneurship - if you worked more by having more business, then you are not creating a business, you are creating another job for you.
The more deligating you are, the better.
Being lazy is good :D
So back to the topic. Being busy is good, but having less and less time in a day because of your business, bad for your health.
So are you running a business, or a busy-ness?
Ivan Widjaya
I don’t like being busy :D
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Where to Find Killer Business Idea
A classic question - Where to find killer business idea?
The answer is different from one person to another.
In my case, unless the eureka moment strikes me - that could be anywhere, I usually seek for inspiration and business ideas from the places where I often visits. That would includes:
- The comfort of my home, browsing the Net.
I usually look into:- TrendWatching.com and SpringWise.com to follow the current hip biz ideas.
- Sitepoint.com Marketplace to see what trend of sites that attract most people to bid and buy, and at what price tag.
- Forums to learn what people is talking about lately.
- At coffee shops.
Watching people come and go, looking at people having conversations, and seeing the barristas work often inspire me of something smart :) - Attending trade shows.
Sounds classic, but we can learn a lot from other businesses. Moreover, we can think of ways that can better a business, thus giving us an idea or two about how to build a better business. - Looking at children play.
Again, sounds classic. But I can’t explain why looking at children playing their games sparks creativity and light bulbs in my head.
Sometimes killer business idea doesn’t mean it has to be ‘killer’ or cutting edge. It could means doing something common slightlybetter.
How ’bout you - where do you find your ‘killer’ business idea?
Ivan Widjaya
Killer business idea
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