Posts Tagged ‘change’

Faster and Cheaper – Good News or Bad?

December 11, 2009

About six months ago we started looking at the possibility of a 48 Days iPhone app.  At that time we were told it would be a $20-30,000 process of development.  While we were in discussions we had a couple other companies tell us that because they were doing similar applications they could do our project for $8-10,000.  Yesterday our social media consultant pointed us to a website called Mobile Roadie where for $499 we can build our own app and be ready to go. 

So are the changes described here good news or bad news?  For me as a user, it’s great news.  If you are a technology guy who based his business model on developing $30,000 applications, it’s bad news.  If you are a musician who wants to build a fan base for your latest album it’s great news.  If you’re a record label with a four-story building and 80 employees it’s probably bad news.  If you are an author it’s amazingly good news.  You can go right to your audience without waiting to get your book on the shelves at Barnes & Noble.  If you are a traditional publishing house these changes just wiped out your big company advantage. 

Change always presents the good news – bad news options.  If you see change as threatening, you will likely see the bad news.  If you believe progress always requires change, you will likely see the good news.  If you can build your business in a way that embraces change, you will recognize ways to take advantage of change rather than feeling victimized by it.  And it doesn’t matter if you are mowing yards, filling teeth, preaching sermons, writing books or building houses.

You Want “Good” or “Best?”

October 22, 2008

Here’s a classic description of the good being the enemy of the best.

Dan, I have subscribed to your weekly emailed newsletter and I read the emails but just don’t seem to act. I have many things going on in my life to make my financial ends meet; I own a duplex and have a small vending business as well as work a 40 hr a week job. They all make just enough to keep me from wanting to make a change. I feel if I try to start another venture however something else is going to get neglected to the point of failure. What can I do?

This is a very common situation – I’m getting by but know there’s something better out there.  My advice is – don’t wait for failure to be your motivator.  ACT from a position of strength.  Yes, it may be a challenge to add something to an already busy schedule.  Don’t expect the extra work to continue forever – just commit to maybe a 90-day transition. 

I think your duplex and your vending business are moves in the right direction.  Both of those require a set-up process, but then continue to generate income through periodic maintenance — thus ‘residual’ income.  Look for another idea that leverages your time even more.  Our hottest selling product at 48Days.com is our Personality Report.  It’s totally automated and is essentially an electronic vending business.  People buy 24 hours a day – 7 days a week.  I lost my shirt on some cashew vending machines years ago – but I learned from that and looked for a better application of the same business principles. 

Create a clear picture of what the “best” would be.  Then take action to make that come into view.

Did You Lose Your Horse Today?

September 23, 2008

Like most of you, I have been hearing a lot of personal examples of “disaster” this week.  No gas, no job, no retirement fund, worthless stock, cancelled vacations, and general uncertainty.  Rather than trying to create something profound I’d like to share this old story.

Once there was an old man who lived in a tiny village. Although poor, he was envied by all, because he owned a beautiful white horse. People offered fabulous prices for the horse, but the old man always refused. “This horse is a friend, not a possession,” he would respond.

One morning the horse was not in the stable. All the villagers said, “You old fool. We told you someone would steal that beautiful horse. You could at least have gotten the money. Now the horse is gone, and you’ve been cursed with misfortune.”

The old man responded, “Perhaps. All I know is that my horse is gone; the rest I do not know. Whether it be a curse or a blessing, I can’t say.”

After fifteen days the horse returned. He hadn’t been stolen; he had run away into the forest. Not only had he returned, he had brought a dozen wild horses back with him. Once again the village people gathered around the old man and said, “You were right – what we thought was a curse was a blessing. Please forgive us.” The old man responded, “Perhaps. Once again you’ve gone too far. How do you know if this is a blessing or a curse? Unless you can see the whole story, how can you judge?” But the people could only see the obvious. The old man now had twelve additional horses that could be broken and sold for a great deal of money.

The old man had a son, an only son. He began to break the wild horses. Unfortunately, after just a few days, he fell from a horse and broke both his legs. Once again the villagers gathered around the old man and said, “You were right. The wild horses were not a blessing; they were a curse. Your only son has broken his legs and now in your old age you have no one to help you. You are poorer than ever.” But the old man said, “Perhaps. Don’t go so far. Say only that my son broke his legs. We have only a fragment of the whole story.”

It so happened that a few weeks later the country went to war with a neighboring country. All the young men of the village were required to join the army. Only the son of the old man was excluded, because he had two broken legs. Once again the people gathered around, crying because there was little chance their sons would return. “You were right, old man.  Your son’s accident was a blessing.  Our sons are gone forever.”

The old man spoke again. “You people are always quick to jump to conclusions. Only God knows the final story.”

And so it is with our lives. What we see as a blessing or a curse may simply be part of God’s preparation for what lies ahead.  Be careful in seeing “disaster” in any change.  Just recognize it as change – which opens the door for good as well as bad – for gain as well as possible loss.

I’ve spent 20 years seeing people go through unexpected and unwelcome change – and have enjoyed seeing most move on to more opportunity, freedom, fulfillment and income.

Change or Die

September 11, 2008

Last Saturday Joanne and I were returning from a few days in Washington DC.  At the Reagan airport we ran into my good friend and blogging coach Bill Seaver.  So the three of us boarded the plane for Nashville.

Amazingly, there were only 2 other passengers.  Bill whipped out his little Flip Ultra Video camera and shot this video of me describing the nearly empty flight.  This is a glaring example of why you can’t do business as usual anymore.  What worked ten years ago may not work at all today.

If you’re doing the same things today that you were doing ONE YEAR ago you are likely falling behind.  Make sure you’re watching, learning and realigning every day.