"...keeping you great" Ten Minutes with the Growth Guy
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October 9 "Strategy" Webinar Moved to October 10 -- our apologies for scheduling the Strategy webinar with Bob Bloom on Yom Kippur. We've moved the webinar to the following day 12:28pm -- 1:28pm October 10 to sign-up click here.
Infamous Actor Gary Busey Brings GotVMail's Core Values Alive -- having discovered their Core Values, GotVMail engaged Gary Busey, the actor, to do a series of irreverent videos about their Core Values -- which are conveniently represented by the acronym G-A-R-Y! Here's a link to founder David Hauser's blog which describes their positioning statement and hosts their YouTube Gary Busey video -- enjoy!! GotVMail -- Gary Busey video and intro
Thanks to their coach Les Rubenovitch for bringing this to our attention.
Dramatically Increase Income-Producing Activities -- Alex Lopez with Sydney-based Quantify Corporation uses a simple technique to double his income-producing activities. He divides his to-do list into two columns. Column one is labeled "Non-income Producing Activities" (Red) and Column two is labeled "Income Producing Activities" (Green). He then forces himself to place a to-do item in one of the two columns. When he first started, his non-income producing activities outnumbered his income-producing activities by a two to one ratio. Over time, he's been able to flip that ratio. This is an excellent exercise for ALL of us to follow. As Quantify Corporation's tagline says "If you can't measure it, you can't control it."
Banks Still Loaning Money -- Rich Russakoff and Mary Goodman, who are leading the "Cash" webinar in December, recently responded to a July 28th NY Times article entitled "Worried Banks Sharply Reduce Business Loans." Rich and Mary counter (from firsthand experience) that banks need to lend money to credit-worthy small businesses to offset their losses on mortgages. And as Dr. Neil Churchill's research uncovered years ago, small business loans are more profitable to banks than large company loans, mainly due to the loan to checking account ratio (small businesses aren't the best at putting their cash to work and watching their banking fees). Rich and Mary's detailed response is reprinted under DETAILS below.
Watch Banking Fees -- as I was writing this I decided to call my bank and review the monthly fixed fees I pay for various banking services Gazelles uses. In essence, I was able to eliminate just over $350/month -- fees that had crept in over time -- that was worth 20 minutes of my time! Normally my personal business banker calls me to review the account and make sure I'm maximizing the use of my funds, however, I found out that my business account was taken over by someone else three months ago and they hadn't bothered to let me know that there had been changes to fees, etc. Seems the bank is trying to make their money in other ways!