Business Up

The Future Belongs to the Fast

yes-future

Where are we? My niece once asked me when driving across town to visit a relative. I looked bemused. Didn’t I tell you we are going to see a family relative and it’s a 2 hours drive. Why is she asking where are we? I replied we are in Jupiter. We live through life and forget that we are traveling across ages. Life is fast and fast is life. We are experiencing an explosion of knowledge, technology, complex social challenges and weather climate change. There are more changes in this era than all the previous era combined (the stone age, machine age, industrial revolution, modern and post-modern). I am not sure what to call the present. There is no present anymore, it is the future.

The change we are talking about is not a new change, but this rate of change is speeding up.  The world is changing at accelerated change. Transportation, telecommunications, housing, schooling, government, media, and enterprise…. everything is changing too soon. Can you picture what your current career was like in ten years ago, do you notice any changes? Now expect triple the changes in the next ten years. Are you ready for it or you are just there waiting for retirement? Unexpectedly, folks get laid-off while just waiting. In this new world order, you don’t sit there and just wait, even waiters and waitress have mobility. Nokia, the biggest telephone company in the world in the 90’s was caught off-guard by just waiting. They did nothing wrong but before countdown to sunrise they were out of business in the new millenium.  (more…)

The Rich vs. the Poor Mentality: 44 Striking Ideologies of the Poor and the Rich

Poor vs Rich

The poor says if I am rich
The rich says when I am rich

The poor says it has never been done before
The rich says it can be done

The poor always see a problem
The rich always see opportunities

The poor entertains fear
The rich exercise faith

The poor says I cannot invest
The rich says how can I invest

The poor bows at first attempt
The rich keep pushing for success

The poor says “all things are done, nothing is new”
The rich looks for ways to innovate on existing ideas

The poor spends all his income
The rich understands the rule of compound interest

The poor is always waiting for the next paycheck
The rich is working on the next million dollar idea

The poor only remembers “the love of money is the root of all evil”
The rich knows “the lack of money is the scheme of the devil”
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Distance Travelled By Millennial Generation

“I want to eat my cake and have it’, this is what a HR manager said when referring to the new influx of millennial generations they have to hire to replace retiring baby boomers. He described them as opportunistic driven and ill-mannered crop of hippies with the trademark ‘I want it my way, don’t get in my way’.

Who are the millennial generation? Millennial generation refers to those born between early 80’s and the new millennial, year 2000. Neil Howe and William Strauss, authors of the 1991 book Generations: The History of America’s Future, 1584 to 2069, are often credited with coining the term. They are also called generation Y, trophy generation, newcomers, digital generation, new age generation, generation Me, Peter pan or Boomerang generation.

What is particular about this generation? They have become increasingly important because they are the most educated, trendy, exposed, technology savvy and toughest generation to manage when compared with baby boomers (born between 1946 – 1964), Generation X (1965 – 1979) and even Generation Z (2000 to present day).  Millennials (or generation Y) have become a dominant force in the labor market and recently become the largest share of the American workforce according to new Pew Research Center analysis of U.S. Census Bureau data. (more…)

10 Things To Consider When Co-Leasing

coleasing

While starting a business and at the same time searching for a strategic location in the market you are looking for can be challenging. With the prices of property rising at the turn of each year, you wonder if it is possible to have a wall and brick location for your new business idea or non-profit.

Your business can be so many things but cannot afford to be far away from its intended niche. The more traffic you have, the better chance of turning a profitable venture or a fulfilling non-profit organization. However, for new business owners, a commercial lease is a daunting and herculean undertaking that requires inventive research and diligence.

I currently have the same challenge of getting a sizable location for a non-profit I chair. It dawned on me that I could do a co-lease with another non-profit since most of our programs runs in the evenings and weekend. That was how we got another non-profit to co-lease with us who are also looking for same opportunity. Below are some of the factors I considered;

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