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Waltmorey
Pinellas Park, Florida, United States
I founded Core Business Solutions with the goal of helping business owners improve operating results, add value, and recapture the energy and passion that was present when the business was new. We also have the expertise to assist start-up companies create the foundational structure needed to provide the best opportunity for the business to grow and prosper in uncertain economic times. Our goal is to help the business entrepreneur/owner, through mentoring and coaching, develop or enhance managerial skills while providing that independent and objective advice and expertise usually provided by a board of directors.
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Friday, May 27, 2011

How To Handle A Difficult Discussion

Whether it involves talking with your teen about sex or drugs, your spouse about finances or housework, or your employee about attendance or performance issues, the prospect of initiating a difficult
discussion is daunting to many, if not most, people. Mix in the tendency to procrastinate tackling unpleasant tasks, then feeling guilty about putting something so important off, and you can wind up feeling even more miserable and anxious about the impending conversation. You might even lose sleep over it.

Initiating such a discussion doesn't have to be nearly so painful. With the proper mindset and some preparation, you can learn to handle even the most difficult topic with ease and confidence. The following tips will enable you to do just that.

1. Realize that by having the discussion, your goal is to benefit others as well as yourself. Whether or
not he shows it, your teen will most likely appreciate that you care enough to talk to him about things that concern or matter to you. In the case of the employee with the performance issue, he/she will have an opportunity to correct or improve on it, or face consequences. In either event, the other members on your team will certainly appreciate that you took steps to address the situation, because they will see the poor performer either stepping up to the plate or terminated.

2. Focus on the possible positive outcomes of having the discussion sooner rather than later. The employee's performance could most certainly improve. Or you may have the opportunity to replace a poor performer
with someone more willing and able to do the work and follow company or departmental policies. Either way, the performance of your team as a whole will benefit, which will be a positive reflection on your own performance.

3. Prepare for any possible reaction to the discussion. Have contingency plans for handling any behavior or response to what you have to say, whether it be anger, denial, silence or disbelief.
Knowing in advance exactly how you will deal with any of these will give you the confidence you need to proceed. Understand that you cannot control a person's reaction, and in many cases you
cannot predict it either. But you can always prepare for any possibility.

4. If the topic for discussion is an especially difficult one for you, have a reward planned for yourself when you complete it. Take a half day off to do something you enjoy, or treat yourself to something you ordinarily would not. After all, you just accomplished something that doesn't come easily for you. You deserve something special.

Following these tips will not make handling difficult discussions any more fun, by any means, but doing so when the necessity arises will make you a better and more competent communicator, manager, parent and/or
spouse. And who wouldn't benefit from that?

I hope this blog post was useful for you. In a few weeks I'll post another item to help business owners work 'on' their business.


Walt Morey,
Core Business Solutions Inc.,
8712 40th Way North, Pinellas Park, Florida 33782
Tel: 727-647-8242
waltmorey@iib.ws
http://www.corebizsolution.com/
Practical Business Advice



Sunday, April 24, 2011

Love is Energy.... Pass it forward !




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Saturday, April 16, 2011

The Social Media Revolution

Not sure if you should join in the Social Media Revolution to promote your business?
Here's a link to a very revealing video.

http://socialnomics.net/?p=1117

Here are just a few stats from this video which is almost a year old:

1.Over 50% of the world’s population is under 30-years-old


2.96% of them have joined a social network

3.Facebook tops Google for weekly traffic in the U.S.

4.Social Media has overtaken porn as the #1 activity on the Web

5.1 out of 8 couples married in the U.S. last year met via social media

6.Years to Reach 50 millions Users: Radio (38 Years), TV (13 Years), Internet (4 Years), iPod (3 Years)…

7.Facebook added over 200 million users in less than a year

8.iPhone applications hit 1 billion in 9 months.

9.We don’t have a choice on whether we DO social media, the question is how well we DO it.”

10.If Facebook were a country it would be the world’s 3rd largest ahead of the United States and only behind China and India

11.There are over 200,000,000 Blogs


12.Because of the speed in which social media enables communication, word of mouth now becomes world of mouth

13.If you were paid a $1 for every time an article was posted on Wikipedia you would earn $1,712.32 per hour

14.25% of search results for the World’s Top 20 largest brands are links to user-generated content

15.34% of bloggers post opinions about products & brands

16.Do you like what they are saying about your brand? You better.

17.People care more about how their social graph ranks products and services than how Google ranks them

18.78% of consumers trust peer recommendations

19.Only 14% trust advertisements

20.Only 18% of traditional TV campaigns generate a positive ROI

21.90% of people that can TiVo ads do

22.Kindle eBooks Outsold Paper Books on Christmas

Still think you should not be using Social Media to promote your business?
 
THINK AGAIN.....

In about 2-3 weeks or so I'll review another subject designed to provide business owners with information they can use to help them work "on" their business.


Until Next Time : Live Simply, Speak Kindly, Care Deeply, Love Generously and Live In The Moment

All My Best,

Walt Morey

Core Business Solutions

Executive Business Advisor- Accredited by the Institute for Independent Business

http://www.corebizsolution.com/

Ph: 727-647-8242


Saturday, April 9, 2011

Do you have what it takes to own/manage a small business?

Napolean Hill once said “The starting point of all great achievements is desire.”
You will be your own most important asset, so an objective appraisal of your strengths and weaknesses is essential. To determine if you have what it takes, YOU need to answer some questions about yourself:



  • Am I a self-starter?
  • How well do I get along with a variety of personalities?
  • How good am I at making decisions?
  • Do I have the physical and emotional stamina to run a business?
  • How well do I plan and organize?
  • Are my attitudes and drive strong enough to maintain motivation?


How to Beat Business Burnout


Burnout -- and the boredom that results -- constitutes the No. 1 reason small business owners pack it in and either sell out or shut down. According to market research published in Family Business, burnout is the primary motivator in 50 percent of all business closings. It makes sense. Successful business owners don't just commit themselves to their companies...they become consumed by the quest. Many put in long hours. They neglect their health, families and outside activities; then end up physically ill, emotionally depressed, even divorced.


Ironically, a major cause of burnout is success, achieving a
single goal long sought. That's why many owners get restless, discontented, bored.


Fortunately, it doesn't have to be that way.


To beat burnout:


1. Separate work and play...and be sure to take time to play. Example: Make it a household rule not to discuss business after 7:00 P.M. Or make the kitchen or family room and, most definitely, the bedroom a "No Business" zone.


2. Get adequate sleep...no less than six hours a night. Long-term sleep deprivation can distort thinking and reduce productivity. But adequate sleep can enhance stamina and clear-headedness.


3. Devote time to mental regeneration every day. Some business owners meditate, others read the Bible or review inspirational books.


4. Exercise daily, even if its only half an hour of walking while working out a business problem.



5. Have a mission...a sense of purpose. This goes beyond mere objectives. A mission describes (A) what you want to achieve and (B) why you want to achieve it.



6. Believe in what you're doing. There's nothing more exciting or challenging than being a business owner. What you do benefits your customers, your employees and, most of all, your family. Don't lose sight of that.


7. Have a Business Confidant – Talk over your issues or plans regularly with someone you can trust (family member, business advisor or coach, good friend, etc.) and who will respect your confidentiality and your goals and objectives. Get their feedback and vent with them when you need that.


8. Be organized. Maintain clear objectives and activity plans for the year, quarter, month, week and day.


9. Work smarter...not just harder. An hour of planning can save ten times that in increased productivity. Follow the carpenters rule: Measure twice, cut once.



10. Don't settle into success. Repetition of a successful process or activity can lead to mind numbing boredom. Take at least one calculated risk each year.


11.Maintain your priorities. Business is important...but not at the expense of health and happiness. Also, remember that it is relationships that give true meaning to what you do.
Maintain positive relationships with family, customers, business friends and employees. Avoid negativity [especially negative people]  at all costs.

As a professional busines advisor I can help you avoid 'burn out' by helping you to develop your priorities, plan and organize your efforts, keep you accountable to your goals and objectives and be a confidential and impartial sounding board when you really need to vent!


In about 2-3 weeks or so I'll review another subject designed to provide business owners with information they can use to help them work "on" their business.


Until Next Time : Live Simply, Speak Kindly, Care Deeply, Love Generously and Live In The Moment


All My Best,

Walt Morey

Core Business Solutions

Executive Business Advisor- Accredited by the Institute for Independent Business

http://www.corebizsolution.com/
Ph: 727-647-8242




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