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Tim-Knox's Articles

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Never Dive Into Business Without A Startup Plan This week begins the tale of my recent foray into the world of brick and mortar and the startup the lessons learned there from. Don’t Let Stress Run You Out Of Business Stress is business is a common phenomenon and every entrepreneur must know how to handle it and grow with it. How To Really Get The Competitive Advantage Over Your Competition One of the hot catchphrases being bounced around a lot in business these days is “competitive advantage.”One of the cool things about being an entrepreneur and business author and speaker is that I get to use all kinds of big words and phrases that make me sound much smarter than I am. What Would You Do With A Second Chance? You could avoid the mistakes you previously made and build on the successes you previously enjoyed. You could nurture the positive relationships and avoid the bad. You could tap into your wealth of experience during times of indecision and always know where and when your time and money would be best spent. Like Books, Entrepreneurs Are Always Judged By Their Covers Enterpreneurship requires not just hard work and knowledge of business but also a number of other things that are many times not considered too important. Grooming yourself to look good is just one of these things that enterpreneurs need to focus on. Entrepreneurs, Learn This Lesson: Don’t Sweat The Small Stuff Many enterpreneurs crubmle under the weight of pressure everyday business. Here are some great tips to tackle such pressures and focus on your business growth. Is Business Ownership In Your Future? Anyone who wishes to start a business must first do a lot of self assessment and planning otherwise the business venture may flounder easily. The Process For Becoming An Entrepreneur Many people want to start a new business but know little about what they are in for. This article can be a great resource for such people. How Do You Keep Your Best Employees From Flying The Coup? There is not lack of jobs for good talent today and the best way to keep your best employees around is to provide them with incentives to stay on. The end result is ofcourse the continued growth of your business. Never Say It Can’t Be Done In business one must never say or assume that something can't be done. With a little help from ingenuity and creativity any problem can be easily solved. Use Email Marketing To Keep Customers Buzzing About Your Business Email marketing can be used as an effective tool for communicating with customers. Its is an effective medium of communication to boost sales by ensuring that your customers constantly remember you. What’s Stopping You From Starting Your Own Small Business? Some people simply don't have what it takes to start your own business. Others just need a bit of kicking to jumpstart them. Learn To Focus On What’s Important and Farm Out The Rest Outsourcing your mundane tasks to focus only on the essential tasks is the best way to organize your business. The results are great not just for you but also for your business. Do You Want Fries With That Management Style? The environment of any workplace is highly dependant on the type of manager and his/her management style. This article describes some of these management approaches. Women Are From Where? A remote control in the hands of a woman is a dangerous thing, especially when it's her man she's trying to change. Who Cracked My Crystal Ball? Predictons for the new year as foretold over a beer and Polish sausage sandwich When Great Minds Meet When the richest man in America meets the world's greatest Elvis impersonator, you know only good things could come of it. Could 'Don't Be Cruel' really become Microsoft's new theme song? What's my mama gonna say? I know you're going to find this hard to believe, but I, Tim Knox, am a sexist pig. Sorry, mama. I had no idea. Thingamabobs And Whatchamadigits My daughter cornered me the other night, wanting to know about the birds and bees. Actually, she wanted to know what "sectional misconduct" was. The Unsinkable Tim Knox I call them 'Ti-taniacs.' They look perfectly normal at first, but eventually they will ask, 'Have you seen 'Titanic' yet? That's when their dimentia rolls to the surface and the all-out assault begins The Tax Man Cometh Someone once said the only things in life that are certain are death and taxes I think the only difference between the two is that death claims you just once, but taxes can kill you every year. The Tanya Factor Is it me or are the '98 Winter Olympics about as exciting as watching old people speedwalk at the mall? What's missing this year? Could be The Tanya Factor The Smarter White Meat A college professor at Penn State is trying to teach pigs to communicate using computers. I think this guy is one pork rind short of a full bag. Who wants to get email from a pig? The Religion Of Football Here in Alabama, there are three kinds of people: Crimson Tide fans, War Eagle fans, and atheists. The Real McCaugheys What's it take to raise seven babies? Love, patience, understanding, and Prozac, lots and lots of Prozac. The New Fab Four They sing, they dance, they drive the kids wild. But how best to describe the Teletubbies to the uninitiated? Imagine this: if Pink Floyd produced a half-hour show for kids, this would be it. And you would enjoy it immensely. The Intelligent Diaper I believe it was Frank Zappa who said, "Necessity is the mother of invention," which means that if there is a need for something, sooner or later, someone will invent it. And then Microsoft will rip it off. The Four Letters Between PG & R When you're a kid, there are certain words you dare not say. Swear words, my mother called them, cuss words. Today, my kids call them "daddy words." You can probably figure out why. What Can American Idol Teach You About Business? Here are some tips for entrepreneur that can help them to achieve their dreams and be successful in business. The Dust Settles On Miss America The Miss America Pageant is taking its last breath. Will the mourners have to wear swimsuits to the funeral, or will evening gowns be enough? Staying Alive If someone offered you a pill that would add 50 years to your life, would you take it? Not me. At least not until I found out who'd be footing the bill for all that extra life. St. Viagra's Dance The impotency drug Viagra has every old person I know talking about having sex again. All I have to say is, 'Folks, please, not in front of the children! Sometimes Life Just Ain't Funny Alabama weather is about as predictable as watching The Jerry Springer Show. You know something's going to happen, you're just not sure what it will be. Some People Will Eat Anything Most people are like Mikey, the old Life cereal kid. We are nondiscriminating carnivores who will eat anything -- especially if it can be made to taste like chicken Some Guys Have All The Luck Recent studies claim that the less educated you are, the more sex you have, and the more sex you have, the longer you'll live. Sure gives new meaning to "Live long and prosper!" Smoke 'em If You Can Afford 'em What's the difference between a $30 cigar and one that costs fifty cents. The answer begins with cow poop. Show Me The Money The stock market could crash like a circus fat lady falling over a lawn chair and it wouldn't affect me in the least. All my money's tied up in bills; electric bill, phone bill, Visa bill etc. Pick On Somebody Your Own Size Mattel's redesigning Barbie to make her more realistic. Imagine Christy Brinkley going in, David Brinkley. No Sale Like A Yardsale Remember, it's not how much you spend at a yardsale, but how much you talk them down If You Clone A Schizophrenic Scientists have successfully cloned a sheep and a cow. What's next? Dogs? Cats? Professional wrestlers? Me? And if you clone a schizophrenic, how many people do you get? I Was Rooting For Who was I rooting for in the Iron Bowl? Sorry, if I tell you, I'll have to kill you I Love You, You Love Me Barney The Dinosaur is suing The Famous San Diego Chicken for beating up a Barney lookalike during his act. Sounds like a clear case of costume envy to me. I Hope You Kept The Receipt Will it be something from Victoria's Secret or another beefstick this year? Honey, Did You Take Your Pill? A birth control pill for men? As if remembering to take out the trash isn't enough pressure. Growing Old In A Red Miata I just had another birthday and I'm not particularly happy about it. To me, that's like saying, "I'm another year closer to having my prostate removed! Somebody bake me a cake and let's party!" Gimme A Head With Hair Times may have changed but the spirit of Halloween continues to live on. Children today have as much as they did in the past - and so do their parents! Ghosts Of Halloweens Past Times may have changed but the spirit of Halloween continues to live on. Children today have as much as they did in the past - and so do their parents! Getting "Yankee Naked" Nakedness is no longer a word that is self explanatory. There are just so many variations of this word with each having a different meaning that an explanation of the braod categories is necessary. This is just what this article sets out to do! El Nino Made Me Do It! The changing climate certainly does pose a threat to our planet and eco-system. However, it also presents an opportunity for those who need to blame somethine Beanie Babies Anonymous The Beanie Babies syndrome has really caught on with no end in sight. Read on to see some of the effects of this mania and some tips on how to cure it. Armadillo On The Half Shell The origins of the human food menu is certainly a mystery that is yet unsolved. However, it seems that some amendments are certainly being made in these dietary standards today! All The President's Women How does the nation take the allegations against President Bill Clinton? There have been national surveys and forecasts by amateurs and pundits alike. Here is an analysis of the whole episode as well as some advice for the President. A Christmas Of Good Intentions Christmas is that time of the year when we all rejoice and celebrate. However, along with Christmas comes a chore that is troublesome to some people - "shopping". This article relates just one such trip to avoid doing last minute shopping by going for it a full week in advance. Expert Strategies For Hiring The Best Employees Hiring employees who can contribute to your business positively is a challenge for every entrepreneur. Here are some tips on how to go about this difficult and challenging task. Mastermind Your Way To Business Success While I’m a firm believer in goals, I’m not a big believer in New Year’s resolutions; mainly because it has been my experience that most resolutions are repeated year after year and forgotten by the time we sober up on January 2nd. Are You Willing To Do Whatever It Takes To Succeed In Business? If you were a man you expected to retire at 65 and die at 75; and if you were smart you banked enough dough to see you comfortably through that stretch. We figured we'd get at least 10 good leisurely years before the grim reaper shows up without having to worry about money. Turns out, we were wrong. It's A Booming Time For Business If you were a man you expected to retire at 65 and die at 75; and if you were smart you banked enough dough to see you comfortably through that stretch. We figured we'd get at least 10 good leisurely years before the grim reaper shows up without having to worry about money. Turns out, we were wrong. What The Heck Is Podcasting And What Can It Do For Your Business? Podcasting is the new hype these days with many claiming it to be the future of internet and communication business. However, for many this is at best a vague term that is difficult to understand and even more frightening to use. This article will certainly help to develop a basic understanding of what podcasting actually is and how it can be used to promote your business. Dealing With Contractors Teaches Valuable Lessons About Business The experience of dealing with contractors and other entrepreneurs is an interesting one as it highlights some key business issues. Planning, scheduling, customer satisfaction and accurate budgeting are just some of the things that play an important role in ensuring a successfull business. Conducting Market Research From The Back Of A Boat Market research is one of the most important but often overlooked part of business management. This article highlights many real life analogies to this important business function and provides some excellent advice to entrepreneurs. Without Market Research You Could Find Yourself Fishing In An Empty Pond Market research is a key ingredient in today's business environment. In this article Tim Knox, an expert on business, gives some sound advice to entrepreneurs about market research that can help make better business decision and make the critical difference between business success and failure. Entrepreneurs On The Inside This article highlights the core capabilities and features that are indicative of successful entrepreneurs. Knowledgeable, friendly, prefessional and supportive of customer needs are just some of the features of entrepreneurship that this article explores. When It Comes To Marketing Your Business, Think Creatively If your business doesn’t stand out in today’s hyper-competitive market place there’s a good chance that you won’t be in business very long. There are countless others vying for the same slice of the pie that you are. There are dozens of competitors just up the road doing all they can to get the attention of your customers and take money out of your pockets. It’s called “marketing,” and some are probably doing a better job of it than you are and some probably worse. Operator Error Is Why Most Businesses Fail This is the column that probably gets me kicked out of the entrepreneurial chapter of the Priory of Scion. I look silly in those long robes anyway, so here goes. A thousand apologies to my entrepreneurial brothers and sisters, but. I think the more important question is: do businesses fail or does the entrepreneur in charge of them fail? I have to be honest and tell you that I think most business failures must be laid at the feet of the person in charge. Women Entrepreneurs Prove It’s Not Just A Man’s World Women are increasingly more active in starting new businesses. Top growth of their businesses indicates skills that are noteworthy for other women and men. The Reasons Why Most People Will Never Find Online Success There is no such thing as a real get rich quick opportunity. If someone tells you that you can start with no money and no experience and make hundreds of thousands of dollars overnight they are lying to you and you are a fool for believing them. Yes, you can make lots of money in a short period of time as an Internet marketer, but you're not going to get rich this week unless you hit the lottery or your rich uncle dies. Is Bad Customer Service Killing Your Business? It’s time to beat the old bad customer service drum again. I know, I’m sick of beating the drum, too, but as long as bad customer service runs rampant through so many businesses I feel it is my entrepreneurial duty to bring it to your attention. So grab a pew and prepare to listen to the sermon I’ve preached before: The Business Failed, But Did You? Q: After years of dreaming about starting my own business, I finally took the plunge a little over a year ago. To say the least, my dream quickly became a nightmare. The business didn't do nearly as well as I had hoped. I ran out of money within six months and had to take out a second mortgage on my house just to keep things going. I have now closed the business and am left with a pile of bills that will probably put me in personal bankru SWOT Analysis Is No Magic 8 Ball Q: A key investor in my business has suggested that I hire a consultant to do a SWOT Analysis to help plan for the future. I try not to argue with my investors, but I'm not so sure I need to have this done. What do you think? -- Laurie B. A: Laurie, before you call in the SWOT team to deal with this investor (sorry, couldn't resist that one), let me tell you exactly what a SWOT Analysis is and how it can not only help you plan for What Does Your Website Say About Your Business? Even on the best of days running a business can be incredibly stressful, not to mention overwhelming and exhausting. It's only natural that there will be times when you wonder if it's really worth it. Asking yourself the "should I just get a real job" question simply means that your human side is showing. And as a human you have a limited tolerance for things you can not control. And that's really where the stress of being an entrepreneur comes from Beware Of Spam Withdrawals Q: I am so sick of all the spam that is sent to my business email address. I spend an hour every morning just trying to sort out the good email from the bad. I know I could just delete it all, but I'm afraid I'll accidentally delete email that might be important to my business. Short of unplugging my computer, what's the best solution for dealing with spam? A: I feel your pain. I, too, miss the good old days when the only time you' The Big Website Question: If You Build It, They Will Come? When it comes to attracting customers, opening an online business (or an online branch of an existing business) is no different from opening a traditional brick and mortar shop. Without a little fanfare and a well-devised marketing plan, chances are your website will become just another spot of roadkill on the Information Superhighway. Protect Your Ideas With Copyrights and Patents A patent is a form of protection granted to an inventor that protects his invention in the United States for up to 20 years from the date of application. Patent law states that, "whoever invents or discovers any new and useful process, machine, manufacture, composition of matter, or any new and useful improvements thereof may obtain a patent." Owning a patent gives you the legal right to stop someone else from making, Choosing A Business That's Right For You Many successful businesses have been built by taking a traditional business and making it better. Domino's Pizza was certainly not the first to offer home delivery of pizza, but they were the first to guarantee it would be delivered piping hot to your door in 30 minutes or less. Amazon.com was not the first company to sell books, but they were one of the first that would let you buy books from the comfort of your own home while sitting in your underwear Business Lessons Learned At The Mall No offense to my mall merchant brothers and sisters, but a trip into the deepest jungle is more appealing to me than a trip to the mall. I get no joy out of trudging from store to store, attempting to communicate with salespeople from other planets, browsing discount racks of last season's dollar merchandise and peering into windows at mannequins that seem to be in some sort of inanimate pain (why can't they make a happy mannequin?). Achievements Outweigh Education and Experience Even on the best of days running a business can be incredibly stressful, not to mention overwhelming and exhausting. It's only natural that there will be times when you wonder if it's really worth it. Asking yourself the "should I just get a real job" question simply means that your human side is showing. And as a human you have a limited tolerance for things you can not control. And that's really where the stress of being an entrepreneur comes from How To Handle The Occasional Oop-See! First off, it's important that you understand that the magnitude of your mistake will determine the course of action you take to make amends. If your company's error was such that it caused your customer a significant amount of lost time or revenue, embarrassed them publicly, caused damage to their reputation, or otherwise negatively affected their bottom line, you may face legal repercussions that saying "I'm sorry" will not deter. If It Was Easy Everybody Would Do It Even on the best of days running a business can be incredibly stressful, not to mention overwhelming and exhausting. It's only natural that there will Managing Employees Is A Little Like Herding Cats I hope you have a full head of hair now, because depending on how quickly you get a grip on this situation, you could end up bald in a very short time. And if you're starting out bald all you can do is put on a cap and read on. Navigating The Internet Sales Tax Laws Internet sales taxation has always been a hot topic for those of us who make our living selling goods and services online. One of the more controversial points is that no one, including our own government, has a clue how to implement a fair and logical Internet taxation process. SBA's 8(a) Program Can Help Some Companies Compete The 8(a) Program (named after the section of the Small Business Act from which it comes) is an SBA program created to help small disadvantaged businesses better compete in the U.S. marketplace and within the arena of government procurement. The SBA provides business development, technical assistance and other services to the small businesses that are accepted into the 8(a) program. Starting Your Business By The Book To begin, here's the best legal advice I can give you as a new business person: find yourself a good lawyer and make him or her your very best friend. Granted, your new best friend will charge you an hourly fee for chatting on the phone or talking business over lunch, but you'll find it to be money well spent. A good attorney can save you far more than the cost of his services. I rarely make any decision that has the potential to impact my business without first consulting my attorney. The Joy and Hazards Of Finding Your First Office Putting your name on a commercial lease is one of the first tangible commitments an entrepreneur makes to his or her business and searching for that first office or retail space can be a truly invigorating experience. Turnkey Dropship Websites Save You Time, Trouble and Money Lucky for you and me there are now a number of companies on the Web that can help folks like us set up a turnkey dropship website without ever breaking a sweat Use Noncompete Agreements To Help Protect Your Business From Renegade former employees riding the free enterprise wave is one reason noncompete agreements are gaining in popularity among employers who hope to use them to help protect their business from competitive threats launched by former employees. Many employers are now demanding that key employees sign noncompetes as a stipulation of employment. Website Design Considerations If you want to be a web designer, be a web designer. However, if the key focus of your business is building widgets, it doesn't take a rocket scientist to figure out that your time would be better spent building widgets, not Web sites. Writing The Book On Great Customer Service You probably can't compete with the superstore on volume of inventory or on price, but there are other things you can do to help keep the customers coming in your door. One of the best ways to ensure customer loyalty is to offer superior customer service. Franchises Offer Shortcuts, But Not Control Franchising can be a great way to start a business career, but you should make sure you're not just trading one job for another. Unless you plan on being an absentee owner, which I highly discourage, you are going to be working in the business just as an employee would, so be sure the business you choose doesn't turn your lifelong dream into a never-ending nightmare. The Great American Customer Service Unawareness Campaign I'm so sick of you so-called business experts always saying the customer is always right. This is my business, not the customer's, so I'm the one who's always right. Sure, they can have an opinion, but in the end it's up to me to decide who's right and who's not. And if the customer doesn't like it they can take their business elsewhere. Taking Your Business International I called on Jose Rodriguez, President of RISMED Oncology Systems, a Huntsville company that provides high medical technology to radiotherapy professionals around the globe, to get his input on the subject. Jose is an old friend and client and if anyone can give pointers on doing business internationally, Jose is the man What's The Best Product To Sell Online? I wish I had a dime for every time I've been asked, "Tim, what's the best product to sell online?" I also wish I had a nickel for every blank stare I received when I answered: "That's simple: information." I'd have enough money to finance another startup or two. Is The eBay Fee Increase Actually Good For Business? This will be the fifth rate hike in as many years for the auction giant and should really come as no surprise. Price hikes are a normal course of business. It was the size of the hike that has many sellers upset. Is Selling On eBay Just A Hobby Or A Real Business? With so many people selling on eBay these days this is a question I get all the time. To many eBay sellers the thought of running an actual business is about as appealing as getting negative feedback, so they go out of their way to convince themselves that selling on eBay is really "just a hobby" and therefore, should not be susceptible to income tax laws How To Create Your Own Info Product In the last article we talked about why informational products are the best type of products to sell online. An informational product can be a digital book (known as an e-book), a digital report or a white paper, a piece of software, audio or video files, a web site, an ezine (electronic magazine), or a newsletter. Does Your Website Induce Seizures? If visitor's are not clicking past your fancy Flash intro page, you don't have to be a genius to figure out that therein lies your problem. Remove the Flash intro page for a few weeks to see if your website's click-through rate improves and the number of page views increase. "Click-through rate" refers to the number of visitors who click links on your homepage to go deeper into your site. Don't Fall For The Latest Internet Identity Theft Scam The shear number of PayPal customers is one reason it has become a popular target of scam artists trying to steal personal information from individuals and businesses alike. Identify theft is on the rise. Thanks to the Internet stealing someone's identity has never been easier. At any given moment, there are any number of Internet thieves using all manner of high tech wizardry to steal personal and business information from unsuspecting souls, When It Comes To eBay, Don't Follow The Herd While it's true that selling products on eBay can be a quick, low cost way to launch an online business, following the herd by selling the "hot product" of the moment, is not a great idea. To the contrary, chances are you will be stomped in the ground by the herd and left lying in the dust with your unsold inventory in hand. Investing In Son's Business Could Cause A Real Family Feud It sounds like your wife wants to make a gift of the money, expecting nothing in return but the undying love of her last born son. You, on the other hand, don't know if you should offer the money as a loan (should I loan him the money) or as an investment (worried that my investment will be lost). Until you can make that distinction, your money should remain in the bank. Perceived Value Is In The Eye Of The Beholder Pricing is an important aspect of every business because price is used to create financial projections, establish a break even point, and calculate profit and loss. It's also important to establish a good price point from the beginning because it is much easier to lower prices than to raise them. The "Other" New Year's Resolution "This year I will start my own business!" I call it "The American Dream Resolution," and like most New Year's resolutions it is a proclamation of intent that is often made, but seldom carried out (at least in an effective manner).
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