Sunday, July 24, 2005

Measuring Success, Staying Sane

One of the major issues I have to deal with on a daily basis is assessing progress. This applies to both my personal and business life. The biggest problem I come across is people using emotions to judge progress. Not only is this apparent in the lack of a structured status system, but in also the choice of words they use when describing the current situation. Phrases such as "I'm feeling like we aren't progressing" or "I feel like we are moving forward" are often used to describe how well, or how poorly, a company is doing. This doesn't work. Emotions change constantly and never give an objective view.

The most important step, in my opinion, is to set goals that can be measured. "More sales" or "get caught up" is not something that can ever be reached because there is no specific event that will indicate success. When measurable goals are set, such as increasing sales by 20% in 3 months or reducing overdue projects to 5% within 4 months, there is a set date where you can sit down, and see if the goal was met. No emotions need to come into play.

The second most important step is to set achievable and measurable milestones. Goals are long term. Somewhere along the way, you could start losing sight of your goals. The only way to keep yourself focused is to set short-term milestones to track progress and make sure everyone is on target. This can be as simple as splitting your goal into smaller segments, such as "increase sales by 5% this month." When the end of the month comes, it's easy to tell if everything is going as planned.

Business isn't the only environment where goals and milestones provide clearer views of the bigger picture. Your personal life can be improved just as much, if not more, by following the same steps. "Get rid of my debt by the end of the year" and "Spend half my free time with my family" are examples of using goals in a non-business environment. Notice the subtle yet very important difference between "spend half my free time with my family" and "spend more time with my family." The first is easily measured, the second is very vague.

Another great benefit of this system is gratification. It feels good to stop, look back, and say "hey, I'm doing a damn good job!" It provides all the energy you will need to keep going.


That's all for now, off to the sleep.


Monday, July 11, 2005

Arizona!

I LOVE ARIZONA. Ok, maybe I only saw 4 hours of it, but there is one thing about it that I fell in love with: The Driving. No one, and I mean no one was driving slower than 75 MPH. The old people, the young people, and the people on their cell phones were all driving 75 to 85 MPH.

I asked the car rental guy if this was the norm. He said the Highway Patrol rarely gets anyone for speeding, and driving speeds of 90 MPH are not uncommon. I asked what happens around 5 PM and he said "oh it gets bad." Now, if you said the same sentence in Los Angeles, "bad" would mean going 6 MPH. In Arizona, "bad" means only going 60 MPH. IS THIS NOT REASON ENOUGH TO MOVE???

But wait, that's not all! If you order now, you also get an unlimited supply of friendly Arizonians at no cost to you! One guy started talking to me about his dog while I was walking around in his back yard! He didn't even ask why the hell I was there!

In addition, property values in Arizona have gone up roughly 20% over the past 4 years. Someone, find me some land in them deserts!


Real Estate Deal

Everyone is in the craze. Home prices have skyrocketed (read my previous entries for more on this). So is it too late for the rest of us? I think not. If anyone is interested in partnering up, let me know. There is still a lot of good real estate out there, and it isn't too late.

Sunday, July 10, 2005

I Have Not Forsaken You!

It has been a long time since my last post. I apologize for the lack of participation on my part. I'm doing my very best to cut down on my hours at work. I hope soon I will be able to spend more time writing about my wonderful adventures.

So far, there are 3 new business ventures I'm working on. I need to keep them a little hush hush for now, but I promise to write about my experiences and lessons.

At 7,000 visitors a month, I won't let you down!!!