Taking Chances

When you take money or take property you are taking from someone else.

When you take a chance you aren’t taking from anyone.

If you don’t take a chance you usually can’t store it for another opportunity.

When chances arise, you might as well take them because if you don’t someone else will or the opportunity will be lost forever.

Have a great day!

Lawrence

What do you stand for?

What do you stand for? If you say the same things that everyone else says, it means there is nothing special about you.

When answering the question “what do you stand for” if you start with talking about “hard work”, “good attitude” and “friendly service” does that really separate you from anyone else?

Have a great day!

Lawrence

Advance Payments

If your organization is in a position to do so, would it make sense to look at companies that you could make advance payments to which would help their cash flow and allow you to purchase at a discount?

The advantage in doing this for you is you make purchases at lower prices. The advantage to the seller is they get their money upfront.

The disadvantage to you is the potential that the seller wont be able to fulfill your order that you have already paid for. The disadvantage to the seller is the reduced margins and being able to budget these advance payments.

If you are able to afford to make advance payments and can do your due diligence can allow you to create some wonderful win/win situations that benefit everyone.

Have a great day!

Lawrence

I’m sorry

The words “I’m sorry” frequently have no significance.

People say “I’m sorry” when they want to end an uncomfortable situation.

An employee says “I’m sorry” when they miss a deadline and they think it makes up for the lost customer.

A friend says “I’m sorry” after saying terrible things about you and they think the meaning behind what they said is forgotten.

There is a time and a place for “I’m sorry” but it’s important to understand that it really is about the actions and not the words.

The employee should find a way to fix the problem and then apologize rather than apologizing and thinking everything goes away.

The friend should show that their words and actions were wrong and then apologize rather than thinking “well I apologized so get over it”.

If anyone disagrees with this, than I’ll say “I’m sorry” but I probably wont mean it.

Have a great day!

Lawrence

No responsibility

No responsibility

When you say “yes” to a project you assume a fair amount of responsibility.

When you say “no” there is very little responsibility.

On the one hand, no responsibility might sound wonderful but ultimately the lack of responsibility also means the lack of anything getting done.

No responsibility usually means either staying in place or going backwards.

Have a great day!

Lawrence

Planning

In Norway there is a saying “Det finnes ikke dårlig vær, bare dårlige klær” This translates to “there is no such thing as bad weather, just inappropriate clothing”.

With proper planning even the coldest days can be handled. It’s when you don’t plan properly that you will be miserable.

Plan properly and most things can be dealt with.

Have a great day!

Lawrence