Implementing the plan to open a second record store in Davis, California turned out to be relatively easy because I had taken the time to go through the steps necessary to have a successful outcome. I had a really clear vision, realistic goals, and a solid plan, so by the time I got to the pointRead more…
consistency
Developing the plan
Now that I had made the decision to open a second record store in Davis, California, I needed to plan exactly what I had to do. This step included everything I had to accomplish in order to achieve my goal. First, I put together a team of people who would help me. Then we went intoRead more…
Tips for giving employees feedback
Employees need feedback from their supervisors – both positive and negative. If you don’t provide feedback how do employees know if they are doing a good or bad job? Here are a few tips that have worked well for me.
Always be direct. Beating around the bush only confuses employees and they canRead more…
Making the decision
Even though I had the idea, the vision, and the goal of opening a second record store in Davis, California, I still had to make the ‘decision’ to actually do it. This step is critical because it sets things in motion. It’s where I had to look in the mirror and say: Do I really want to do this?Read more…
7 steps to accomplishing any goal
Businesses come in many sizes and shapes. Some are wildly successful, but many others are only moderately successful. And of course, the vast majority of business enterprises fail.
In order to be a business at all, you have to have a product and customers. All business owners learn that inRead more…
Turning a vision into a goal
Now that I had the vision for opening a second record store in Davis, California, I had to take that picture and develop some specific things – goals – that I wanted to accomplish. I had to turn that vison into something that was doable. It was now time to outline exactly what I was going to do.Read more…
Turning an idea into a vision
As I continued to think about opening a second record store in Davis, California, the more I was convinced it was a very good idea. But to turn that idea into reality, I first needed to develop a vision. For me, a vision is a picture of something you want that is concrete and measurable. So IRead more…
Following my instincts
Once I was selling used records in my store in Woodland, California I saw a dramatic increase in the number of students from the University of California, Davis driving the 10 miles to purchase them. The college kids kept telling me over and over again that I should open a store in Davis becauseRead more…
Exactly what is a business?
(Reuters) – Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $16 billion acquisition agreement, people familiar with the matter said on Friday.
http://feeds.reuters.com/~r/reuters/businessNews/~3/LNEvu5N-kMg/story01.htmRead more…
How I got the idea
My passion has always been music. So when the opportunity arose in 1973, I opened my first record store in Woodland, California. Just like most small businesses, I struggled for the first few years. I worried about cash flow, having the right inventory, and hiring good people. Not only did I ownRead more…
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