Posts Tagged ‘business’

Don’t settle for mediocrity just because it’s responsible

July 28th, 2010

When you look at starting a new venture–a new business, a new move, or really anything “new” and shall we say “adventurous”? — The temptation is to be reluctant on the grounds of being responsible. And you have to sort of weed between the two. Being responsible and planning are both good things to do and to be in anything in life. But realize that while saying that you are a responsible person might make you feel less guilty about never trying that one idea you had, or while it might make you feel less self-resentful that you never even tried to reach your goals in reality, self placating is all you are doing. Don’t let responsibility be the scapegoat for your fear

If you are starting a new business and you really believe in what you’re doing, just go for it. Don’t sit on a great idea and never try it just because you don’t know how you’d be able to swing it.

I know this one guy. He is one of the smartest, most like-able guys I know. He is in his 50′s now, but right after high school he started at veterinary school. Being a vet was his dream job. About halfway through school, he got married, had a baby, and chose to pursue those things instead of his vet career. Now a granddad, he works 50+ hours a week (sometimes arriving and getting off at 3, 4, 5 in the morning) at a job he hates, so he can “pay the bills”. He and his family live on an income that barely gets them by. They are constantly counting pennies, getting into debt, and scraping by financially. He is a happy person, but it is safe to say he is not very fulfilled.

Then there is this other guy I know, who bounces around from job to job. And when I say job, he is in his thirties, holds 3/4 of a college degree (he, too, ran out of money to finish), and works pizza delivery type jobs to support his wife and kids.

For both these men the goal was paying the bills. Not happiness, not personal fulfillment, not working at a job you love instead of just one that just gets you by. They have no ambition and no drive for life.

A friend of mine commented on this situation really well when he said “The difference is the mindset. For you, it is about making a job but for them, it is about finding a job”. Both men want to change careers, but instead of making for themselves a career they love–by staying focused on what they WANT instead of what they can live with—they are choosing to put in applications at Papa Johns and Publix because those are the places who “are hiring”.

I don’t know about you but when I look out at my life and my future and I think about what my children are going to remember me as being, I don’t want pizza delivery guy to be how they think of me. Don’t get me wrong, I love pizza and I’m glad people deliver them, but to me those are the kind of jobs that “pay the bills”. If I could advise these two guys I’ve been talking about I would ask them why they aren’t using their extra time to carve out a career they WANT.

I get that babies have to eat and the lights have to be paid for, so sometimes you have to hold down the job that best supports your family and that is a noble, responsible thing to do. But while you’re doing that, be planning, be saving, be thinking, of how you can get from where you are to where you want to be. If your dream job is a pizza guy then go for it! But if you want something more from your life, then MAKE IT HAPPEN. Stay focused on what you want and don’t wait on life to hand it to you.
Dr. Dale Callahan is the IEM Program Director for the Information Engineering and Management Program at the University of Alabama at Birmingham and a contributing writer for the IEM Blog. His thoughts here represent the types of topics covered in the Entrepreneurial courses he teaches the clients of the IEM Program at UAB.

Thanks to DaleCallahan.com for this article.

Putting Powerful Tools to Work

July 27th, 2010

I got this email the other day:

Something small on reverse interview: I talked to my boss and asked him how he got to where he is today. I used the reverse interview technique. This worked well, he opened up and this has helped improve our relationship. I now find him making more eye contact with me during meetings and I feel more comfortable in speaking up.”

This is one of the powerful things you get from this reverse interview – you get to know people on a more personal level. You open up the doors of communication and find common ground by getting past the corporate sterile conversations.


Dr. Dale Callahan is the IEM Program Director for the Information Engineering and Management Program at the University of Alabama at Birmingham and a contributing writer for the IEM Blog. His thoughts here represent the types of topics covered in the Entrepreneurial courses he teaches the clients of the IEM Program at UAB.

Thanks to DaleCallahan.com for this article.

Why IEM Masters Degree is Better Than an MBA

July 19th, 2010

We know that getting an IEM Masters Degree will do more for your career than an MBA degree–not only because the program is great, but because we have current MBA’s who come back here for what IEM can add to their professional development.

But, even though we know these things, it is always nice when we get to see other people hold this same opinion.
Like when we received this email. He starts off by telling us about his current career and what an MBA was like:


I recently graduated from [College that shall remain nameless]‘s MBA program and have not really found it to be providing any of the opportunities that  I had hoped for, even given the current economic and employment conditions. I have a desire to change careers… I have no technical training or experience. I have been doing [my current career] for 10 years, and I have hit the wall. I have to do something else, but I am having a very hard time finding what that something else is exactly as well as how to get there. I just know there is more out there, and I know I am capable of so much more than what I do or have done up until now, I just have no experience in anything else. Constantly surfing employment boards and firing out resumes is not getting me anywhere...I have looked at the [IEM] curriculum and videos. IEM sounds like a great program and I actually wish I would have known about [IEM] before I started the MBA program. It also sounds like there will be much more employment opportunities and opportunities in general through this program. I thought that a MBA would provide these for me, but it really provides someone who already is in a career of their choice a means to move ahead with that career.”


Sound like You? Yeh, it sounds like a lot of people. IEM can give you the headstart you need in your career. (OR help you start a new one) How many MBA programs can do that? NONE. For a real career boost, you need the IEM Master’s Degree. Check us Out. You won’t be disappointed.

Prince Edward Island Makes A Business Out of Business

July 15th, 2010

When you think about Prince Edward Island, you probably don’t think about entrepreneurship. But in an effort to grow the economy on Prince Edward Island, Canada, that’s exactly where the islanders have turned.  The island has started a group called Innovation PEI. What this company does is counsel and finance new businesses, provided they are based on Prince Edward Island (PEI). Using some of the same professional development topics we talk about at IEM, they have created what is essentially a scholarship program for small business owners.

According to their website, “Our goal is to build a stronger, more innovative Prince Edward Island by helping businesses create sustainable employment and economic opportunities. In order to achieve our corporate objectives, a series of programs and services – ranging from business counselling to financing — are available to help Island based businesses grow and prosper.”

Their website lists several different programs (view them here) that the company sponsors for PEI. The one I clicked on says that it will give $400,000 over 2 years to eligible small businesses. The idea is to help businesses get started so that the island becomes self sustaining economically.

But the cool thing is that there is this whole company that got started (and all the jobs that they provided because they needed people to help run the new company) by being a business for businesses.

Pretty, well, innovative.

Money Magazine’s Best Places to Live: Family Values Still Good Business

July 14th, 2010

On this blog, we’ve talked about “the secret to happiness” and even “professional development“, but according to CNN Money Magazine’s list of Best Places to Live , when you’re looking for the brightest, most attractive city for happy people, Eden Prairee, MN tops them all.

After you ask “where is that?” you might ask “why is that?” Well, you can see where by clicking here. But the “why” might surprise you.

The exact quote from CNNMoney.com is that they searched for cities that were “best for families.” There is not a single “big” city on there. Nothing in New York, LA, Atlanta, Chicago, or any of the “it” towns. I was surprised.

In this world of go business, go business, big business, high rises, sky scrapers, money, money, money!!!! It is tempting to think that family oriented, calm, safe, clean, way of living is out of date. But apparently not. The number one most talked about topic in today’s google searches, is all about the best place to live if you want to raise a family.

So apparently, family values are not only hugely popular, but they are also good for business. Just thought you might want to know.

Social Networking for Business: Bringing the Boardroom Home

June 24th, 2010

We’ve all heard of Bill Gates and Microsoft, but not many of us know what kinds of stocks Bill Gates has invested in or what business decisions he is making today. But Michael Yavonditte plans to change all that.

His site, Tracked.com, keeps a huge data list (that means information compiled in one place for all of you non-techy types reading this) of not only big companies, but their employees, their board members, what recent stock activity each person has done, as well as links to any news stories currently out about whichever individual you choose to click on.

Mr. Yavonditte plans to completely re-vamp the way business does business by providing the world with a new level of transparency through social networking.

Read More on this story here.

The Secret to Happiness

June 18th, 2010

Do you know the secret to happiness?

Earl Nightingale uses the quote:

“the secret of happiness is freedom
and the secret of freedom is courage."

As we look around, we have the greatest freedoms in this nation. And yet we take them for granted. We don’t recognize them. We don’t fight for them. We don’t stand up for them. As far as our government is concerned, we have spent alot of time over the last many years letting the government take our freedoms away. And they will take them away, no matter what administration, no matter what political policy.

That’s human nature

And yet on a more minor scale, in our individual lives we see that we suffer the same fate. Many of us are seeking happiness and freedom but we don’t have the courage.

So many people will tell me they want to do things. They want to start a business. They want to change jobs. They want to find fulfilling work. They want to help people. They want to do things to help people and have an impact on the world. And yet they continue in their day-to-day 8 to 5 jobs and the things that have trapped them in their lifestyle. Things that are bringing them rewards and putting food on the table but they are not fulfilling. They are not acting on their freedom with courage.

The True Secret

There is a secret to happiness. The apostle Paul writes about contentment. Not necessarily happiness, but contentment is the key. He had learned to be content wherever he was. In wealth and poverty. In freedom and in prison. Yet you see in the apostle, that he lives out a freedom—even while behind bars—– he has exercised —with courage, with freedom—to do that which he was called to do with no apologies.

I would say that Paul, who was living behind bars, was living with more courage and freedom than many of us who are living in this nation today. We don’t operate on the mentality of freedom because we don’t operate with courage. What stops that?

Fear!

We do not want to set goals. We don’t want to think about what we might become and we don’t want to take one step towards becoming it. Many people say we are in a comfort zone. We’ve become comfortable.

But I still say—-it is fear.

We do not dare to upset anything that makes us comfortable. Even in a land where we can do things in such controlled fashions. We have the opportunity, the hours in a day, and the capability to do things with a minimal—yes I say minimal—risk, yet we will not even take that risk.

First Step

The first step I find for many people is answering the question:

What is it that you want?

You have the freedom. What is it that you would like to achieve? What’s out there that’s always been in the back of your mind? What do you think about while you’re driving down the road? What do you want to become? What do you wish you were?

Most of us have something like that that we’ve dreamed of doing.

Others of us never dare to ask.

Simple Question?

It’s been one of the most difficult assignments that I’ve given in a university classroom where I ask people what do they want. A simple flippant question that many of them will open a sheet of paper and start to write it down instantaneously —as the words come out of my mouth.

A wry smile, a quick flip open of the notepad, pulling the pencil out, and you can tell on their mind: I can write this down before he finishes the sentence

And yet there is a moment of pondering thought that shows up in their eyes as the pencil touches the paper: you can tell from the expression on their face: “What do I want? …This is an odd question.”

So what do you want?

Really! What is it that you have been given the freedom to do, but you need the courage to do it?


Dr. Dale Callahan is the IEM Program Director for the Information Engineering and Management Program at the University of Alabama at Birmingham and a contributing writer for the IEM Blog. His thoughts here represent the types of topics covered in the Entrepreneurial courses he teaches the clients of the IEM Program at UAB.

Thanks to DaleCallahan.com for this article.

Do You Ever Doubt Yourself?

June 4th, 2010

Do you ever doubt yourself? Doubt is a powerful force in my life. But where does doubt come from?

Take this scenario:

The Winner

Ever met the person who seems to have it all under control – the real “winner”? When you get to know them, really know them, you often find a great deal of doubt underneath. They are not sure of themselves – any more than I am! I remember having the CTO of a major US company speaking at one of our IEM seminars. He said “everyday when I look in the mirror I think ‘today is the day I will be found out.’” He, the well known expert, knew at any day he would be shown to be the fool.

Who is in Your Mirror?

When you look in the mirror, do you see what the CTO saw? Do you think “I will be found to be a fraud”? Or do you think it is no use because:

  • no one will want to hear what I have to say,
  • I cannot do that.
  • I do not have the skills.
  • I am not ready yet.

Where does Doubt Come From?

I was wondering this morning where doubt comes from? Why do we doubt? I mean I do not doubt when I am driving down the road that I am not going to be able to drive. I do not doubt when I go into a meeting I have done 100 times before. I do not doubt many things I have done before.

But what I do doubt is doing something new. Or I often doubt putting myself out there – like submitting a blog post!

How to Counter Doubt

So what do we do with doubt? Here is what seems to work for me – at least today…

- Remember others have done it – and they are no better than me!

- Remember that even in failure we learn a great deal – and we can find new paths. Think about all of Edison’s failures.

- Remember that I do not want to be ordinary!

But more important – take action. Even against the grain, even when I must force myself – just plow on. Nothing kills doubt for me like action!

"Just Keep Swimming!"

What works for you? How do you conquer doubt?


Dr. Dale Callahan is the IEM Program Director for the Information Engineering and Management Program at the University of Alabama at Birmingham and a contributing writer for the IEM Blog. His thoughts here represent the types of topics covered in the Entrepreneurial courses he teaches the clients of the IEM Program at UAB.

Thanks to DaleCallahan.com for this article.

Partnerships

May 26th, 2010

httpv://www.youtube.com/watch?v=JMG-89Mu_3M

When considering a partnership for your business you need to also consider that old adage that “good fences make good neighbors”. Instead of a partnership, a joint-venture might be better.

Dale Callahan is a contributing writer for the IEM Blog. Dr. Callahan is the IEM Program Director for the Information Engineering and Management Program at the University of Alabama at Birmingham. His thoughts here represent the types of topics covered in the Entrepreneurial courses he teaches the clients of the IEM Program at UAB.

Thanks to DaleCallahan.com for this article.

Reaching the Goal: A Summary of Steps

May 19th, 2010

For those of you “just tuning in” we thought we’d recap the steps towards success in your career that we’ve been talking about.

First, Decide What YOU Want.

Get out a sheet of paper, write down all of the things you like. That’s right: Just start scribbling. Don’t even write in straight lines if you don’t want to, just get ideas down on paper.

If you get up everyday and you love what you do for a living, you can’t wait to get to work, and you are so excited about what your day holds for you, then AMEN. That is the way work should be.

But if you’re not there, if you aren’t really sure why you even go to work, then you need to spend some time here.

Second, Do a Reverse Interview

The reverse interview is one of the most powerful methods I have found to find a new job. It is also a very powerful tool for uncovering new business opportunities. Read here for a detailed outline of how to perform a Reverse Interview, but the nuts and bolts are this:

  • Decide where you want to be in a few years.
  • Find people who are where you want to be – from step 1.Who is already doing what you want to be doing.
  • When you meet with them, remember you are interviewing them, and not them interviewing you.
  • DO NOT TAKE A RESUME. DO NOT TALK ABOUT YOURSELF AT ALL except to explain why you are there.
  • Listen, ask questions, and finish on time. In the end ask them who else they would suggest you talk to. Follow up with a thank you note or email.

You have moved from the person who is looking for anything to the person who is intentionally looking for the right thing. Before you take a job, do this a number of times. I suggest at least ten times. When you get a job, keep doing this to learn new things. Never hate work again!

Third, Learn How to Network, then DO it.

The methods I was taught in college about how to get a job often had limited success. After many years of “playing the game” in job searches and having many jobs I have made some other observations.

  • There are more opportunities than you can chase.
  • People with a network have more opportunities. Let me state that again People with a network have more opportunities.
  • People hire people – not resumes.
  • Resumes are an after thought for many companies. My last few “jobs” did not really require a resume. In fact, more than once it came up that the resume was needed from me AFTER the decision was made to hire me. One company told me to forward my resume to HR since they needed on file – weeks after I was hired.
  • Networking is a skill most people do NOT have. Perhaps this is why my professors never taught me how to do it – they did not know either.

So, here are your marching orders:

1 ) Decide what you want, 2) use your contacts from the Reverse Interview, and 3) Take Action!

Dr. Dale Callahan is the IEM Program Director for the Information Engineering and Management Program at the University of Alabama at Birmingham and a contributing writer for the IEM Blog. His thoughts here represent the types of topics covered in the Entrepreneurial courses he teaches the clients of the IEM Program at UAB.

Thanks to DaleCallahan.com for this article.