Tag: YES

  • Entrepreneur Burnout: Most Important Things to Avoid it

    i-m-too-stressed-21631901Yep, first and foremost we KNOW it takes a GREAT deal of effort to hire someone in the first place, you are concerned about paying them and you have to take the time to train them. You wonder if it##Q##s worth it. The answer my friends is YES it is. You will KILL yourself working 14 hour days, the years will fly by and you will not have a life. I know MANY entrepreneurs who endure this on a day to day and it##Q##s not smart. You CAN hire someone and you DON##Q##T have to do the work yourself, you just have to find ways to pay them like hiring them a month at a time or part time. When we make money that is NOT the time to go out and treat yourself to a new car or some extravagant gift (though you should treat yourself) but this is the time to ease the tension and to fork over some of the day to day to someone else to free you up to focus on the things you probably have been ignoring like sales or billing. You will certainly hire the wrong people from time to time as I have and here are some suggestions to avoid costly mistakes in hiring… (click “NEXT” after each segment above or below)

  • Entrepreneur Michael Baisden Offers Excellent Advice on

    Michael Baisden just lost his contract of 10 years broadcasting his radio show on over 20 radio stations nationwide. Baisden owns his own show and used Cumulus media to garner affiliates (stations) to run it. His commentary is below about the situation.

    Michael Baisden Commentary: A Man With A Plan And A Man Of Principles

    I don##Q##t understand why people get so angry when they get fired from a job or dumped in a relationship. Didn##Q##t they see it coming? Or are they so caught up in the “vapors” that they develop a case of selective amnesia?

    The day that someone comes to work for me, I tell them to start planning for life after radio. “What is your plan?” I ask them. And if we##Q##re within 3 years of the end of a contract I have a meeting with my staff and tell them, “Start planning to leave, now!”

    When someone let##Q##s you go in business or relationship, there##Q##s no time for anger, that##Q##s the time to execute your plans. That##Q##s right, I said plans with a capital (S) because you##Q##d better have a plan A, B, and C. And D, if possible.

    Today##Q##s world is not the one our parents grew up in where you can expect to work 20 to 30 years in a factory, get a pension with benefits, and live happily ever after. Those days are long gone! You better start planning for retirement at 25 if you##Q##re serious about having enough money to enjoy your golden years! It##Q##s that serious.

    Life after radio for me is not going to be an issue because unlike many celebrities I did not spend my money on fancy cars, making babies all over town, purchasing big houses, and bling blinging with extravagant jewelry.

    My truck is 5 years old, I have one daughter and she is about to graduate college next month, and instead of buying one of those huge “MTV Cribs” I invested most of my money into rental properties. As the saying goes, “If it##Q##s on your ass…it##Q##s not an asset!”

    We must stop being slaves to our possessions. When we do that we put ourselves at the mercy of those who would take advantage of us. Stop showing off, being flashy is a sign of insecurity. Real wealth does not show off, it moves in silence.

    And above all else, we must set standards and stick to them. Yes, my radio career is over….FOR NOW! And although I may not have the same paycheck come April 1st, I can look at the man in the mirror and be proud of the reflection of the person looking back at me. And that’s what being a real man and woman is all about, having your business in order and standing by your principles.

    Good Night Family – Michael Baisden