Thursday, August 26, 2010

Finding a Niche

Niche- A situation or activity specially suited to a person's interests, abilities, or nature
A focused, targetable part of a market.

Life is like a market. What ever we do, how we do it that makes it different from others that makes us stand out and makes us, our product, attitude, way of life to be an exemplary one – of course for a better society and world as a whole.

At a glance I just look at how some people, companies have tried to create the niche for them selves and I it is good to emulate and do like wise.

Looking at some companies in the US seen as pioneers, it takes someone to take a critical look and then come up with a solution. An entrepreneur came up with an idea of how railroad companies were been underpaid by their customers-this customers ranges from oil companies to post carriers, tourism companies and manufacturers. He even looks and develops a way to provide services with super efficiencies not only in increasing the revenue of the rail company but to deliver a good service as well. Now this entrepreneur is a fortune 500 company in USA and the biggest IT solution owned by an Africa-American.

Federal Express finds a niche by doing an overnight mail delivery that is faster than the US post office daily mail. Result- people were ready to pay for such they made sure they fill a void and they fill it well in postal business.

AT&T had the monopoly before MCI came into telecommunication. MCI came and broke the monopoly with Long Distance Discount Service.

An entrepreneur famed to be ‘British by birth, but American by mind’ started an airline Virgin Airline and introduces various ways of letting people meet up with their appointments, booking of tickets and affordable price and gave The BA (British Airline) a national carrier the biggest completion and moved from been a competitor to becoming the main market holder in the business in UK.

A young man named David in the bible gave the big man Goliath a run for his life with courage and good selection of nice smooth stones that he uses in capitalizing on the little opening he discovers in the helmet of the giant (1Sam 17) this act later made him to become the King (Saul) in-law and subsequently the King of Israel.

These entrepreneurs with their passion and resilience, looks for and find the void or niche and they build their entire carriers on it, while some use it as a stepping stone leading into some other business venture.

It does not come with a bang.
Patience is necessary, Crawl before you walk, you can then break into a RUN.

Monday, August 23, 2010

Sin of Presumption

A friend shared this story with me and I'd like to share it with you. It's about a woman who had a faithful dog. This dog was so faithful that the woman could leave her baby with it and go out to attend other matters. She always returned to find the child soundly asleep with the dog faithfully watching over him...

One day something tragic happened. The woman as usual, left the baby in the "hands" of this faithful dog and went out shopping. When she returned, she discovered rather a nasty scene. There was a total mess.
The baby's cot was dismantled and his nappies and clothes torn to shreds with bloodstains all over the bedroom where she had left the child and the dog.

Shocked, the woman wailed as she began looking for the baby. Presently, she saw the faithful dog emerging from the under the bed. It was covered with blood and licking its mouth as it had just finished a delicious meal.

The woman went berserk and assumed that the dog had devoured her baby. Without much thought she clubbed the dog to death. But as she continued searching for the "remains" of her child, she beheld another scene. Close to the bed was the baby who, although lying on bare floor, was safe. And under the bed the carcass of a jackal torn to pieces in what must have been a fierce battle between it and the dog which was now dead.

Then the reality hit the woman who now began to understand what took place in her absence. The dog fought to protect the baby from the ravenous jackal. It was too late for her now to make amends because in her impatience and anger, she had killed the faithful dog. A dog deserving praise and adoration that fought to save the life of her dear beloved child received death in return.

How often have we misjudged people and torn them to shreds with harsh
words and even with physical assault before we have had time to evaluate the situation? It is called the sin of presumption. Presuming things are one way without taking the trouble to find out exactly what the situation really is. A little patience can drastically reduce major life long errors and mistakes...

Wednesday, April 29, 2009

NEGOTIATION 2 - “Let’s make a deal”

COMMON SENSE TIPS

1.) Attitude is very important it has a higher ratio to kill than bullet. You don’t have it like your opponents but don’t let your dislike become obvious. Self Respect, Self Interest should not be selected.

2.) Don’t show your emotion. Bluster is a sign of weakness keep a poker face (indifference) mostly when you think you can come out a winner. You might meet again on the same table. Who will you like to deal with? Some one who wants to get a deal or someone who wants to get even?

3.) Don’t talk about it in the elevator “walls have ears” It’s a small world.

4.) Deals are made between parties who seek mutual advantage, not unilateral victory. Both sides have to win something or you don’t have a deal. Peace treaties are made between enemies not friends and it takes war to get them to the bargaining table.

5.) Your first offer should not be your last. Allow your opponents to knock you of a little- Remember both side has to win something.

6.) Don’t be afraid to take a risk. A lawyer who says he/she never lose a case settles early.

7.) You don’t have to be afraid to go to an expert when you need to. You don’t know everything. Pretend that you are knowledgeable in something you don’t or have information so you don’t harm your position. This makes you look weak and foolish in your opponent’s eyes.

8.) Know that in every negotiation everybody is under pressure to perform. They have bosses, stresses, fear and objectives too just like you. So every opponents have weaknesses. Don’t attribute more strength to already have enough.

9.) You can get what you want by calling it another name. Renegotiation, Severance pay, Consulting contract. Not on permanent issues/basis okay call it Internship.

10.) Take your time don’t let the other side force a deal the more time you give yourself the more information you can gather about our adversaries time needs “let me give it some thought”

Tuesday, April 21, 2009

NEGOTIATION 1 ; “Let’s make a deal”

“Let’s make a deal”

TIPS
1.) Never accept any proposal immediately, no matter how good it sounds.

2.) Never negotiate with yourself. Once you’ve made an offer, if the other party don’t accept it, don’t make another offer. Get a counter offer . It’s a sign of weakness when you lower your own demands without getting opponents to lower theirs.

3.) Never cut a deal with someone who has to “go back to get the boss’s approval” That is two bite of an apple to your own.

4.) If you cant say yes, its no. Just because a deal can’t be done, doesn’t mean it should be done. No one ever went broke saying no too often.

5.) It may look nonnegotiable, doesn’t mean it is. The printed standard contract may look beautifully cut in granite. It can be negotiated if the bluff were called.

6.) Get informed by doing your homework. Instinct is great but can’t match information.

7.) Rehearse, Practice. Get someone to play the other side. Instincts are no match for preparation.

8.) Beware of the late dealer. It is an act of trying to say that they are not too keen or no time or chance for negotiation.

9.) Be nice but if you can’t be nice go away let another person do it so you don’t blow it.

10.) Deals can be struck when both parties see that it is beneficial symbiotically.

11.) Generate excitement. Help the other side to see the benefit,- Visualize it and they’ll see themselves.

12.) Given reason is never the real reason; you can eliminate the given reason.

13.) Always let the other talk first their offer might surprise you by being lower than you thought or expected.

Monday, April 20, 2009

RESOLUTIONS….KEEPING THEM.

It’s a common thing to hear of New ear resolutions and people actually making them and maybe you too as a person did make…. This is a new quarter of the year…how many if any at all after the first few days did you keep? Or maybe you’ve even forgotten 90% of the resolutions you made. Maybe it a new set we actually need now, why not try these ones.

1.) I WILL IMPROVE MY SKILLS: Remind yourself that you can’t learn new things if you are always doing the talking. Abandon the “phony open door policy” as politicians, permanent secretaries, etc says and actually set aside specific times so that others can have real access to me. Encourage free flow of information across the departmental and hierarchical lines.

2.) I WILL IMPROVE MY PROFESSIONAL SKILLS: Get away from the old folk’s and learn new things. Get knowledge on how to use new equipment, learn new language, even how to swim. As a professional stop bragging about your inability to use modern day equipments e.g. communication and computers.

3.) I WILL IMPROVE MY READING SKILLS: I will take a speed reading course. I will search out materials that will introduce me to new ideas and new ways of thinking. Hold a good book always.

4.) I WILL WASTE LESS TIME: All of my ease or committal time I will use in reading, improving my skills and broading my experience and understanding on issues and matters I do not yet know much about.

5.) I WILL EXERCISE: Exercise not only improves your health they also help you maintain a high performance at work. Be positively addicted.

6.) I WILL ENCOURAGE RISK TAKING: Business fails not because of lack of funds but from boldness to try new things. Do not blame honest mistakes. Make others love their work as you do, make it fun for others and not only pay checks.

7.) PLAN TO BECOME THE SOLE SOURCE OF SIMPLY TO YOUR BIGGEST CUSTOMERS: Make them feel important and service them to make feel that they are part of your company.

8.) I WILL CONTRIBUTE TO MY COMMUNITY: Be giver of time, money, make a difference, and make your environment be a better place for everyone.

9.) NOT NEGLECT MY FAMILY FOR ALMIGHTY DOLLAR: Always tell them to make room for me because I am coming home after work.

Sunday, March 15, 2009

Have you ever wondered why (?)…

Have you ever wondered why (?)…. Maybe you need to, in some instances now….

Knowing the trick of the game.
Have you ever wondered why…..

Casinos don’t have windows or clocks…because the operators don’t want their customers to have any distractions or to keep track of time when they are into it because the fewer the distractions the longer the player plays, the greater the opportunity for casino’s rig to drag the players down.

Hotels do have full length mirrors near the elevators so the guest can admire themselves more and not notice the wait caused by the lack of elevators. Mirrors are cheaper than elevators.

No long mirrors at the hospitals ward or in the corridors so you won't notice how lean you are after discharge.

Those who master the why can master great discoveries and are always at the top of situations.

Remember the reason you have to dance with who brings you in to a party and those in the party is because when the party is over you may need a ride- Home.

Sunday, March 1, 2009

Attitude- Your attitude determines your altitude

Although this post was done some times back by me but it could not register...so after i got some mails about this i decided to repost it.

When I came accross the quotation 'Your attitude determines your altitude' I did not really get the actuall understanding of the word- i did not specifically use the word 'meaning' but I knew there is more to it. I saw the quotation in John Maxwell's book actually.

So I wrote it in a book on my table and I most times come accross it... I later read some books that actually talks about ones attitude and because i come accross a lot of people i began looking at their attitude and how it will or affect the relationship I might have or have had with them and their relationship with others, basically how they fare in their lives. Some I dont really need to have anything to do with them but out of curiosity i will try and monitor them for a while an see if I can be of any help or assistance in the way they act or do things sometimes.

Our attitude sometimes make us to have a negative or positive idea about life and other people around us and this thought always fill there mind mostly in negetive instance that other people or the world dont like them! But really if your attitude towards life, people is good you will receive excellent result! The world we live in is full of words and to this words various responses are attached, that is meanings some are of happiness, acceptance, encouragement, success, hatered, etc so the way we act sometimes affect what we say out - the words of our mouth.

Our attitude as well determine the height we will get to in life, it determines whether we fail or succeed in an endeavour, to some it present a difficulty in every opportunity; for some it present an opportunity in every difficulty.

Our attitude also determines our approach to life, maybe because we are not having fun or enjoying our lives or the job we do then we should not say the whole world is not enjoying themselves or the whole world is stinking. change cannot come from other it must come from YOU. Learn to feel good about life and you will get good feed back.

With positive attitude some climb, while some fall with a negative attitude.