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Name of author Rick Baker, P.Eng.

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Thought Tweet #563

by Rick Baker
On Sep 12, 2012

Thought Tweet #563 Sometimes it seems willpower gets tossed about on a stormy sea of temptation.

 

The Thinking Behind The Tweet

Probably, most people accept John Locke's view, "The discipline of desire is the background of character." And, character is a good thing. Yet, for many if not most of us, discipline of desire is not an easy thing. Sometimes, it feels downright unnatural! Consider, for example, chocolate ice cream.

Tags:

Beyond Business | Thought Tweets

Thought Tweet #562

by Rick Baker
On Sep 11, 2012

Thought Tweet #562 If you want to learn how to sell at higher prices, first learn how to buy at higher prices.

 

The Thinking Behind The Tweet

It has been my experience that cheap people do a poor job of selling. If you are a penny-pincher who happens to be in a sales role, it seems there are only 2 choices: figure out how to buy at higher prices so you have a proxy for selling at higher prices or find a new career.

Tags:

Sales | Thought Tweets

A bit about Puts & Calls

by Rick Baker
On Sep 11, 2012

Investors and traders choose Puts & Calls to manage financial risks...and to speculate. Puts & Calls are options. At the time they are sold, Puts & Calls deliver money of value to the seller and provide rights of value to the buyer/holder.

The extent of the value of these rights will depend on future situations (in the financial markets) and future choices/actions taken by the holder of the Puts & Calls.

We also use Puts & Calls during other day-to-day interactions with people. So, these interpersonal Puts & Calls involve a different sort of speculation. Like financial-market Puts & Calls, these interpersonal Puts & Calls are based on options/choices...and they also contain rights. The value in these rights is also dependent on future situations and the choices made in reaction to the situations.

In addition to rights, these interpersonal Puts & Calls contain wrongs.

The wrongs expand the value and the risks tied to these other Puts & Calls.

Here are some examples...

There are numerous examples of Puts that are wrong things to do in business... 

  • Putting on airs,
  • Putting people on,
  • Putting people on the spot,
  • Putting people in their place,
  • Putting all your eggs in one basket,
  • Putting it to 'em,
  • Putting people through the wringer,
  • Putting your foot in your mouth,
  • Putting words in other people's mouth
  • Putting people's noses out of joint, 
  • literally Putting your nose to the grindstone.
There are also Calls that are wrong things to do in business...here's a few:
  • Calling someone on the carpet,
  • Calling it quits, 
  • Calling off the dogs [and Calling them on in the first place], &
  • in some bosses' minds, even Calling it a day can get you into trouble.


Tags:

Business Contains Only 3 Things | Communication: Improving Communication

Thought Tweet #561

by Rick Baker
On Sep 10, 2012

Thought Tweet #561 The Business Riddle: How do you buy low, sell high, deliver quality, solutions, & value all at the same time?

 

The Thinking Behind The Tweet

Unfortunately, the Business Riddle has only one solution.

Tags:

Entrepreneur Thinking | Thought Tweets

Thought Tweet #560

by Rick Baker
On Sep 7, 2012

Thought Tweet #560 Up-skill the hands that use your finest business tools; make master craftsmanship a top priority.

 

The Thinking Behind The Tweet

  1. Failure isn't caused by lack of talent, it's caused by discouraged thoughts and words.
  2. Practice makes perfect.
  3. If it's worth doing, it's worth doing right. 
  4. Strength = Talent + Focused Knowledge + Skill through practice.

Tags:

STRENGTHS: People-Focused for Success | Thought Tweets

The Blades of Confusion Cut Deep

by Rick Baker
On Sep 6, 2012

Fighting business fires is a process. Business planning is a process. 

We choose the processes we experience and live with.

A business-planning meeting is a situation. An office fire fight is a situation.

We choose the business situations we experience and live with.

We get bogged down in unimportant details, false urgencies, and interpersonal stumblings.

So, from time to time, we need to step back and demystify our business.

***

Here's a simple-but-accurate way of looking at business:

Business contains only 3 things: People, Process, & Situations.

Processes and situations always involve people; people are integral. While this fact seems obvious as we sit and think about it, it is often lost during the heat of business fire fights. 

People, processes, and situations always provide the opportunity for forethought. We choose whether or not to apply that forethought.

And...

"He who has not first laid his foundations may be able with great ability to lay them afterwards, but they will be laid with trouble to the architect and danger to the building."

That's a quote from a book that has survived 5 centuries: Niccolo Machiavelli's 'The Prince' [written in 1513 and first published in 1532]. Granted, Machiavelli was writing about political leadership rather than business. Granted too, Machiavelli was writing about people - those wanting leadership positions and those wanting to keep leadership positions.

And, in Machiavelli's day, no question, the blades of confusion cut deep.

Copyright © 2012. W.F.C (Rick) Baker. All Rights Reserved.