Posts Tagged ‘Entrepreneurship’

Before you fight them… Choose them wisely!

by Himanshu Jhamb, Mar 8, 2010

Not all customers are created equally. While some are very rewarding to work with, others are a drain on your resources. We need to pick them wisely and conserver our resources to fight the good fight. When you see your competitors taking on high maintenance clients, remember Napolean Bonaparte’s quote: “Never interrupt your enemy when he is making a mistake”. more…

Change Management #7 – Products: A tip to assure Darwinian survival

by Gary Monti, Mar 9, 2010

In this concluding post of the seven-part series, Gary draws a parallel between Darwin’s theory of natural selection and product management. Gold plating requirements and succumbing to feature creep will ensure failure and end up the dodo way. But following the natural selection way will ensure survival. more…

Once I make a commitment…

by Himanshu Jhamb, Mar 10, 2010

You are measured by your ability to keep your commitments to others. This is possible only if you possess the integrity. It is easy to understand the concept of integrity in physical structures and Himanshu provides a couple of examples in this article. Just like the lack of integrity will cause a structure to collapse, lack of integrity in your life will cause it to collapse. The bollywood actor’s dialog may help you maintain your integrity – he says “Once I make a commitment… I don’t even listen to myself”. more…

Dancing for your Tribe

by Guy Ralfe, Mar 11, 2010

First off, hearty congratulations to Guy for taking the leap in to entrepreneurship. We wish him the best in his new endeavor.

Reflecting upon how he was able to make the transition to his new career, Guy credits the power of networks for his ability to make such a drastic change. Luck does not come calling, but is a factor of who you associate with. Associating with the right tribes and creating an identity that is portable across tribes, is essential component of success. So, get started and make some noise, tweet, call someone – get out there and pick your opportunity – Dance for your tribe! more…

Author’s Journey #12: How to create a content plan for your book?

by Roger Parker, Mar 12, 2010

Before you can write your book, you need to create a content plan for your book. Mind mapping makes it easy to identify and organize your ideas. In this article Roger explains how he used a three step process to successfully create a content plan for his book using Mindjet’s MindManager and Microsoft Word. more…

Magesh is an accomplished software professional focused on building enterprise value through creative use of technology. Magesh enjoys working with people and is passionate about bringing out the best in everybody to achieve results that are larger than the sum of individual accomplishments.

Tagged as: active garage, business, Business Management, business planning, Business Strategy, Entrepreneurship, execution, gary monti, Guy Ralfe, himanshu jhamb, http://activegarage.com, Innovation, management, purpose, roger parker, Writing for Business

For the 4^th time in my life I am resigning and taking a step into the unknown world of no job. This time I am doing it on a small scale, I am only moving my family across 8 states and not between continents. I don’t know what it is – maybe we just have a strong nomadic gene!

I have been working at Maconomy for a little over 3 ¼ years and am closing the door on the most exciting, hectic, challenging and learning chapter in my career. I would like to say a big Thank You to all at Maconomy who have pushed, supported, helped and laughed with me. If  you think you have the heart and attitude to be a business consultant, there are few finer places to refine your skills than at Maconomy

Before I lose you  – this is not about my career, but rather the reflections about making the decision to move and how vital networks and tribes are to being able to perform such drastic moves. For a long while I have had the ambition to branch out and become an entrepreneur but the opportunity has just never seemed to be there (bad luck?). But suddenly this opportunity has presented itself (luck?) and it makes sense to the point that I am willing to trade one tribe for another and turn the world I know upside down.

I hear people saying “you are lucky” and my response has often been “you make your own luck” and I speculate that there is a close resemblance between luck and the company we keep. There is  a lot of talk around tribes in the social networking space which may be a key to how an opportunity appears as suddenly available. I have had the ambition to start a business venture for the longest while, but what has lacked is another tribe in which I have been able to create an identity in which the opportunity can be exposed. Once this opportunity was exposed and I assessed I could coexist within the new tribe the natural movement is to make the transition. Rajesh Setty posted a great article on why nice people will win – the realization of this opportunity for me is just a positive consequence of making those connections and maintaining an existence to another networked tribe.

We have to have an identity and a presence with which people can make a connection and assessments across our networks. If we do not have this people will not think of us and we will just blend into the crowd and the opportunity will pass us by …and be snatched up by the colorful and loud person nearby! This is why it is so important to ensure we maintain a presence in the social networks we choose, and to leave an impression with those we meet and interact with.

Another similar example was our saleslady, who wished to make contact with a company. After a search on LinkedIn she found out that I was connected to someone who had worked at the company. This person had just sent me a LinkedIn invite after a ½ day meeting we had had some 8 months earlier. I really was not sure he would remember me, but I reached out to him to see if he could make an introduction. Surprisingly, he did remember me and was willing to help make an introduction. That is seizing the opportunity …not Luck!

So go make some noise, post a status update, tweet, call someone – get out there and pick your opportunity – Dance for your tribe!

This article was contributed by Guy Ralfe, co-founder of Active Garage and co-author of the upcoming book "ProjectManagementTweets". You can follow Guy on Twitter at gralfe.

Tagged as: active garage, Branding, business, Communication, entrepreneur, Entrepreneurship, Guy Ralfe, networks, presence, Rajesh Setty, Social Media, social networks, tribe

If you have ever played poker (and I know there are many experts out there who can beat me hands-down belly-up!), you know what ante is. Simply put, it’s the wager you have to bet without an inkling of the hand that has been dealt to you or in other words It is the wager that you have to bet that simply qualifies you to ‘play’ in the game. Then there are many tables, each table with different stakes. You can choose which table you want to sit at and play on depending on how much money you have.

Business is very similar to poker. It requires us to wager something – an ante before we even have an inkling of the hand that is dealt to us. Think about the investment you have to make in order to bring a product to market or start your next entrepreneurial venture or even the new job that you get. In each of these situations there is this pesky ante that you cringe to put down but have to put down in order to play on the table! Here’s how the ante appears in each of these situations:

1. Bringing a product to the market: You put your time, money (maybe not yours!) and energy as ante in building the product, doing your market research & getting help from others.
2. Starting your entrepreneurial venture: Your ’skin-in-the-game’ is pretty much your ante here.
3. Getting a new job: You apply for your dream job, excel in that interview, land the job and within 2 months realize that what you’re doing is nothing like what you had imagined you’d be doing (Err.. I mean this in a negative way). In this case, all the effort that you put in to the point where you started the new job is your Ante.

My point so far: There is an ante in every game you play (Business being a game, too… )

Here’s the golden question: Is the table you are sitting at (which basically determines what ante you put) is the right table for what you want to achieve?

Consider this example: You are 45 years old & have plans of retiring with $4M in your bank account at the age of 65. You currently have $1M saved up. You make $100K a year. That’s a gap of $3M you have to cover in 20 years. You don’t need to be a math whiz to notice that it is impossible to get to this number with what you are making currently – You are basically sitting at the wrong table! because regardless of how well you play at this table, you’re never going to make your goal of $4M!

So you figured out that you’re sitting and playing at a table where no matter how well you play (heck! you might be the best player) you’re still not going to make it to your goal.

Now what?

Before you decide to take the leap of faith and move to the high-ante table, be aware that as you move up to the high-ante, the competition gets thick too. The players at the high-ante table are no pushovers. In fact, one mistake there and they’ll wipe you out before you know what hit you! So, yes – by all means, quit playing at the table where you are not going to make it BUT continue playing at the low-ante table until you are Skilled enough to move higher up and be the best player at the high-ante table!

… and of course, the last piece of advice and perhaps the most important to remember – Know when you have made it to your goal, get up from the table and go play a new game!

Good luck!

—

This article was contributed by Himanshu Jhamb, co-founder of Active Garage and co-author of the upcoming book "ProjectManagementTweets". You can follow Himanshu on Twitter at himjhamb.

Tagged as: active garage, ante, entrepreneur, Entrepreneurship, excel, financial goal, goals, himanshu jhamb, interview, job, poker, product, quit

The Art of getting what you want

by Vijay Peduru, Feb 22, 2010

Human brain has the tendency to avoid anything that it considers will cause pain. It reaches this conclusion based on instinct and/or past experience. This part of the brain is called the Lizard brain. The Possibilities brain seeks opportunity and freedom. When you want to work out and get in shape or in general, put in effort to convert a possibility into opportunity, your lizard brain may prevent you because it sees pain in the endeavor. You can remove this roadblock placed by the lizard brain by putting the endeavor in the right context.

Seth Godin in his brilliant book “Linchpin: Are You Indispensable?” talks about the Lizard Brain. For a brief Introduction to the lizard brain check this post , this video and this short e-book. more…

Change Management #5 – Project: Three tips to avoid creating Frankenstein

by Gary Monti, Feb 23, 2010

You can avoid creating a Frankenstein if you follow these simple steps:

1. Consider the needs of all the stakeholders when creating a scope of work including competitors and clients. Success includes your needs being met as part of the outflow of providing opportunity for others.

2. Your work must be sustainable, i.e., of good quality.

3. Provide stability, i.e., manage risk effectively.

Dr. Frankenstein driven by ego, pride and vainglory, got isolated from society and this caused him to lose direction and ultimately resulted in his downfall. more…

Growing Pains for Startups

by Guy Ralfe, Feb 24, 2010

Businesses are built around network interactions; each person in the network is a potential communication channel. As the number of people in your organization grows, the number of communication channels grows rapidly according to the formula (N * (N-1))/2 where N is the number of people in the group. This is a potential source of inaction or introducing bureaucracy. Educating the organization on this principle and providing guidance will help employees act confidently in the best interest of the company. more…

Social Media BRANDing – 5 tips to make it work

by Deepika Bajaj, Feb 25, 2010

Many companies have created digital channels like Facebook Fan pages, Twitter, SEO, etc to establish a digital presence. Now, how can they measure the effectiveness and improve? Here are some recommendations:

1. Tie social media activity to revenue growth

2. Know your customers. Don’t limit yourself based on what you know. Instead, try to find who your customers is.

3. Provide relevant content to draw the attention of your customers.

4. Put in place a mobile strategy.

5. Create strong relationships with your customers.

more…

Author’s Journey #10 – How to make the time to write a book

by Roger Parker, Feb 26, 2010

Time is not something you find like a needle in a hay stack. You need to make time for your endeavor by managing your commitments. Here are some techniques to make time to write your book:

1. Start with a plan

2. Commit to daily progress

3. Harvest time

4. Track your progress

more…

Magesh is an accomplished software professional focused on building enterprise value through creative use of technology. Magesh enjoys working with people and is passionate about bringing out the best in everybody to achieve results that are larger than the sum of individual accomplishments.

Tagged as: active garage, business, Business Management, business planning, Business Strategy, Change Management, deepika bajaj, Entrepreneurship, execution, gary monti, Guy Ralfe, roger parker, Social Media, startup, vijay peduru, Writing for Business, www.activegarage.com

Lately I have been noticing the interactions and communications in an organization a lot. It reminded me of when I studied for my Project Management Professional (PMP) certification, where the concept of communication paths, for which there is the following specific formula (N * (N-1))/2 where N is the number of people in the group, was introduced to me. Back then I recall wondering how this formula could be so important in the whole project management realm.

Business is basically built around network interactions; each person in your network is then a potential communication channel that you have to keep alive. As a business grows the number of channels increases both internally and externally. Let’s just take a look at internally, for example when an organization moves from a 10 to 20 person organization. Using the formula logic we go from having 45 to 190 communication channels. This increase will place a lot of stress on a management by committee organization, which is the structure found at many startups. This stress ultimately impacts the performance of the organization and no longer does the organization have the image of a ‘Can Do’ but quickly becomes a hobbled ‘bureaucratic’. The main cause of this is the number of interactions, in the now larger organization, needed to make decisions. Continually going back to the group for a consensus just becomes costly and inefficient. These are classic characteristics of government departments where there are exceptionally high numbers of communication channels and requests have to be continually passed up and down the corporate tree to get any decisions.

To help companies get through growth phases here are two things that should be considered to capitalize on the growth and not stymie it:

• Educate – Get employees to understand that this communication channel complexity exists as you grow. Stress that these communication channels are also the foundation of the success today so prioritize and focus on the critical communication channels and close the costly ones down.
• Guidance - Provide a vision/code of conduct that is tangible for all employees to understand and embody as a guiding principle for doing business. Having this will allow employees to operate at a higher degree of autonomy, and revive the ‘can do’ mentality synonymous with successful startups.
• Repeat - Repeat again as you grow as you will have to continually quit more and more channels to remain nimble

The difficult part is not identifying what to do and what to give up on; it is giving up an already existing habit. While I have not experienced this on my projects because the number of members has generally been small and fairly constant, in the growth of our organization it has become very prevalent at how much time is suddenly consumed going from one meeting to another to operate the same business just on a larger scale.

When you have clearly defined operating philosophies employees tend to act with more confidence yet still with the best interests they always had for the company, they feel more confident in their ability to take the decision having some point of reference outside of a committee/hierarchical structure. This does not mean the organization will operate without error, on the contrary, it allows employees to make decisions in the best interests of the company to seize opportunity, where previously they wouldn’t have. When issues materialize they will be quick to address and resolve as opposed to trying to hide them in a chain of command structure where there is dissolved ownership.

Stop herding the cats, give them a bowl of food and watch them congregate where you want them to.

This article was contributed by Guy Ralfe, co-founder of Active Garage and co-author of the upcoming book "ProjectManagementTweets". You can follow Guy on Twitter at gralfe.

Tagged as: active garage, Business Management, Entrepreneurship, execution, Guy Ralfe, Project Management

As we enter this jobless recovery in 2010, it won’t be big business that will pick up the economy.  Once again, it will be the small business entrepreneurs.  News agencies and financial firms follow what the CEO’s of major firms foresee for 2010 to see when the light at the end of the tunnel will become visible.  What many people don’t realize is that small businesses employ over half of all private sector employees and generated 64 percent of net new jobs over the past 15 years.  It is small businesses and entrepreneurs who will bring us out of this slump.

While the days of working for one employer during your professional career are long over, big business continues to squeeze more perks out of their employees to cut expenses. Almost a third of Fortune 1000 companies have now frozen their pension plans in an effort to control expenses. US wages and salaries rose at record lows according to the Labor Department in 2009.  Over the past 12 months, wages and salaries only rose 1.5 percent making it the lowest increase since the figures started to be collected in 1982.

Wages for non-managerial workers have fallen by 1.4 percent so far this year, according to an article in USA Today, and are on track for even further declines. The official unemployment rate has reached 9.8 percent, and when one takes into account discouraged workers and people who are underemployed, it is at 17 percent, possibly higher.  And for 2010, while more employers state that they will be hiring more employees, it’s nothing to write home about as it’s not much higher than 2009.

With the marketplace now changing faster than ever and forcing businesses to adapt more quickly, more employers will have to rethink their hiring efforts as they look to their employees to be more flexible as well.  This request from big business employers to employees for flexibility will be: increasing and decreasing work hours depending on demand; the continued request to do-more-for-less; continue to learn new skills.  How do you think employees are reacting to this?  According to a survey of 2900 companies done by Careerbuilder.com revealed that nearly a quarter of them rate their organization’s morale as low.  So what can you do during these tough economic times?  You can be thankful that you have a job and suck it up or you can make a change.

Recently a good friend of mine told me that he was considering quitting his corporate job in the northeast and moving to the mid-west to help a family member of his grow his small business and take it to the next level.  While he would initially be taking a pay cut, the opportunity for growth and exceeding his income today is enormous, but he worries about leaving his “comfortable” corporate job.  He called me to ask me for my opinion.  I told him that there are risks in working for a small business, or for that matter, helping to start one, but in today’s uncertain economy, there aren’t any more uncertainties working for big business as there are working for a small company.  The difference, I told him, is that there will be nothing more fulfilling than creating something that is his and being in control of his financial destiny.  I asked him what he’s waiting for and when he’s leaving to start his new journey.  I hope it’s soon.

So ask yourself, “Am I happy?” or, “Is my career/job fulfilling?” If not, then what are you waiting for to change it?

This article was contributed by Robert Driscoll, co-founder of Active Garage. You can follow Robert on Twitter at rsdriscoll.

Tagged as: Action, active garage, business, Business Strategy, Communication, destiny, entrepreneur, Entrepreneurship, execution, http://activegarage.com, Leadership, management, possibilities, purpose, Robert Driscoll, Strategy, www.activegarage.com

I have just returned from vacationing with relatives in Colorado. The vacation was great except for the frustration caused by one purchase over this festive season. Steve was due to take delivery of a new vehicle yesterday that they had ordered 3 weeks before.

Buying a car is likely the most expensive discretionary item most people purchase. There is often a lot of thought and time that goes into the purchase even if you are not a car fanatic. Whatever make, model, style and financial commitment you settle on, you have to live with for 3-5 years before you get to change it without incurring unnecessary cost.

During our vacation we got to hear a lot about this transaction… After a less than stellar sales interaction the paperwork was complete and the deposit paid. The expected delivery date was given with a 98% certainty. Steve requested weekly updates even if it was that there was no new information, to which the salesman assured him he would get.

After two weeks he had to call the salesman for an update. The salesman promised to get back to them, which he didn’t until they called back again a day later. Only news was that it still appeared to be 98% certain to be available on the promised date. On the promised date no call was received by 10 am, so a call to the dealership was made for an update. The salesman wasn’t available so the sales manager promised to get back with an update shortly. By 4pm still no response so another call was placed to the dealership.

On being put through to the sales manager and requesting the update, the sales manager said they had been extremely busy with a number of other customers and that Steve would have to wait. When Steve asked if he wasn’t also a customer having committed to spending more than $35,000? The sales manager  took everything to heart and rather than addressing his concern, attacked him and told him he could come to the dealership and collect the down payment for the vehicle if he was so dissatisfied with the service – which he could guarantee delivery of in 10 min!

Having waited 3 weeks already, he assured the sales manager he wanted the vehicle and was not concerned when it came, just that he expected some information so that he could plan around that. The sales manager then said the manufacturer was off and the systems were not updated so it could take up to two more weeks to get the vehicle. Steve was fine with that but upset he wasn’t told that initially when he called and said “… great then I will expect it in two weeks”. To which the sales manager then responded “…but I expect you to get the car in the next two days!” Steve then became frustrated as he asked the sales manager – how can you make that assurance when you have just told me the system is not updated? In frustration the sales manager then offered his down payment again, which Steve refused and responded that he will work to another 2 weeks delivery and maybe he will be surprised – and the dealership will call him early!

Based on this interaction (there is always two sides to every story and a lot more detail but…) Steve will wait out his delivery but as a consequence he has already made two commitments:

1. He will not use the dealership for any service and maintenance
2. He will post on online review forums about his experience

This is where the tragedy lies and so much damage is done without the salesman even being aware of the situation they have caused. Instead of viewing the transaction as a relationship where there could be ongoing goodwill through referrals and future maintenance of the vehicle this is now a once off transaction that is likely going to cost more than the expected sale. Secondly, this is the ignorance of a salesman/sales organization not yet accepting the power and influence of Social Media and the cost it can have on:

• The salesman – any online post will likely name the individual and the power of Search Engines will quickly find that for future customers and employers
• The dealership – also named in the online review will produce a negative customer valuation which can affect traffic to the dealership
• The dealership network – often a dealership is an affiliate or part of a larger network (across multiple brands). Again the power of search engines will make the association of the individual dealership within the larger organization thus tainting their reputation.
• The manufacturer – the dealership represents the retail storefront for a global manufacturer, who works hard to promote and protect their image. In the realm of social media they are dependent on their product and dealers to preserve this image.

As consumers this is the magic of Social Media – no longer are we told through marketing and advertising what our perceptions should be, our peers and fellow consumers tell us firsthand. Social Media has given us the power, we need to use it wisely, to both promote and demote based on actual interactions which helps everyone.

This is a simple illustration coincidentally involving the behavior of a stereotypical car salesman, but this applies in all transactions – Understand and engage at all levels as if you were in a relationship as Social is how the world moves today.

This article was contributed by Guy Ralfe, co-founder of Active Garage and co-author of the upcoming book "ProjectManagementTweets". You can follow Guy on Twitter at gralfe.

Tagged as: active garage, business, Business Strategy, Communication, Entrepreneurship, gralfe, Guy Ralfe, management, quality, sales, Social Media, www.activegarage.com

I recently visited the holy city of Amritsar – home to the famous Golden Temple, the most revered shrine for Sikhs. Little did I know that my intended spiritual pilgrimage would turn into an entrepreneurial pilgrimage as well. It all started with a chance meeting with the owner of the hotel where we were staying, Mr. Ajay Kapoor. My brother and I were looking for an internet connection and were escorted to Mr. Kapoor’s office, for that purpose. It did not take us long to strike a conversation with Mr. Kapoor and find out that not only was he the owner of the hotel where we were staying but also an entrepreneur at heart. Many stories were shared but one of them stood out that I’d like to share, in Mr. Kapoor’s own words.

I do not have a lot of formal education but what I do have is a lot of practical, on-the-field education. One of the key things I have learnt over the course of my entrepreneurial career (Mr. Kapoor has been running various kinds of businesses for more than 30 years now) is that Relationships are fundamental in building any business. My son is pursuing formal education in Australia and I help him out a bit, financially. I do not send him money directly, I send the money to friends of mine in Australia and then ask them to hold on to it until my son comes and picks it from them… and I tell my son to visit these friends of mine and collect the money from them. Sometimes, I even send envelopes with “Very Important” written on them to my acquaintances (some of them are very accomplished folks) and request them to hold on to those until my son shows up to collect the envelope… and what I send inside the envelopes is a simple letter addressed to my son, that just says “I love you”.

I was quite moved by Mr. Kapoor’s story because it contained deep practical knowledge of an important lesson in entrepreneurship, in the simplest of ways – Relationships matter, big time! All Mr. Kapoor is constantly doing is increasing his son’s capacity by creating an opportunity where he can show up at the doorsteps of these accomplished people and coordinate some action with them. You never know which one would blossom into a rewarding relationship for life.

Here are a few other lessons in Entrepreneurship I took away from Amritsar:

1. It is all about the People: Mr. Kapoor insisted we address each other by our names and said that that is just his philosophy. According to him, without names, people just end up as titles once they are gone and that is just common practice that will generate mediocre results for the business.
2. Competitive Advantage: Our train was late the night we reached Amritsar and by the time we got to our hotel it was 11:30PM. We had a full 3 course meal before we went to bed, something that would be a luxury in most hotels (keep in mind we were not in a 24 hours service 5-star hotel, but a local hotel in this holy city). The hot meal, after a tiresome journey, just hit the spot and this does give Mr. Kapoor a competitive advantage over those that do not provide this service, that late.
3. Personal Touch: By the time we were done with our day trip, the next day, we were quite tired. Being a little short on time (we were leaving at 5AM next morning), I could not imagine leaving without eating the city’s favorite delicacy – Amritsari fish. Mr. Kapoor not only arranged for it for us but also accompanied us on our table with his charming company, while we savored the delightful dish. We were simply “Wowed” by the Personal touch he extended as part of his fantastic hospitality.
4. Trust from the ground up: Mr. Kapoor lives and works with his brothers where he and his brothers run the common business and the entire family treats the resources as a common pool – which he fondly called “Swimming Pool”. I was awed by the mere thought of how much one can learn about trust, a fundamental virtue in every business, just by living and working in this model.

While sitting on the train on my way back to Delhi, I could not help but reflect back on my trip to Amritsar, where I got much more than what I had bargained for – Not only was I fortunate to take my grandmother to the sacred pilgrimage, but also inadvertently was taken on an entrepreneurial pilgrimage of my own – thanks to Mr. Kapoor.

—

This article was contributed by Himanshu Jhamb, co-founder of Active Garage and co-author of the upcoming book "ProjectManagementTweets". You can follow Himanshu on Twitter at himjhamb.

Tagged as: active garage, ajay kapoor, amritsar, competitive advantage, education, Entrepreneurship, golden temple, harminder sahab, harminder sahib, himanshu jhamb, hotel prresidency, personal touch, pilgrimage, relationship, sikh, Trust

For many entrepreneurship is scary, I found it that way for a long time until I found myself in the right environment. Initially I envisaged entrepreneurship as finding the right idea, quitting your job and following your nose with your new idea. For the longest time I just seemed to miss the idea.

In a way it is a bit like approaching getting married. You love your girlfriend and want to spend the rest of your life together, you see your friends and family getting married one by one around you and they all seem happy. However, I was still apprehensive about what was going to happen after I got married. Were all my married friends suddenly engulfed by the “married spirits” and sworn to secrecy. What was the world like after taking those vows? Were they just waiting for me to fall into the same trap?

Of course not! What was I thinking looking back now? The reality was that I just did not have the knowledge or experience of what were the standards and criteria for operating as a married couple. I didn’t even know where to look to find the answers. Yes I saw my parents with 30+ years of experience but it did not occur to me that that would be the same for me. In fact what I didn’t realize was that the actual answer to this mystery was actually my parents, as the background of what it is to be married is shaped by those around us, that we observe. Our interpretation of that is how we engage in a married relationship – of course your spouse also has her background of what marriage is and so the interaction of these two visions is what drives the resultant actions we hold in marriage as a couple. So far so good and in many ways our actions seem to be exactly how our parents acted with us.

There are no magical entrepreneurial spirits out there but there are different ways of overcoming the apprehension. Many entrepreneurs just find themselves in the situation and their story is just how they dealt with the situation. A bit like a couple after a steamy and risky night, suddenly find themselves dealing with the situation of becoming parents, they just have to deal with the situation.

The remaining entrepreneurs are in two camps: those waiting / planning and those executing on fulfilling their ambition. Those waiting for the right moment, big idea, perfect plan etc will remain that way unless something around them changes. I was in this group for a long time, I know what it is like. For me the ambition was there but the desire was just not strong enough to quit and start out on my own. I recognized that I still had many knowledge gaps and a lack of capacity to act, which all compounded the risk to start executing. For me I needed the organization, to help me cover these knowledge gaps and with the team at Active Garage I have been able to execute on an entrepreneurial venture I could not have imagined on my own.

From me this is a thank you to the Active Garage team for making this venture possible. To those of you on the fence, waiting for the right something. Stop waiting and seek out the help in the areas that you have apprehension – those are the knowledge gaps you have to close before you can move forward. Happy Holidays!

This article was contributed by Guy Ralfe, co-founder of Active Garage and co-author of the upcoming book "ProjectManagementTweets". You can follow Guy on Twitter at gralfe.

Tagged as: actions, career, career change, decision making, Entrepreneurship, gralfe, Guy Ralfe, www.activegarage.com

I am privileged to have had the opportunity to preview Seth Godin’s upcoming ebook What Matters Now prior to its launch. First off, there is little I can write here that will be of any substitute for reading the actual ebook.

This is a brilliant work and you must read it for 4 key reasons:

• Timing – It is the end of the year and those pesky new year’s resolutions are upon us. This book will provoke your thoughts, stimulate your ambition and orientate you for action in the coming year.
• Power – Seth Godin has brought in 72 thought leaders to provide their version of “What Matters Now.” This is providing us a sneak peek into the minds of these thought leaders with minimum time investment from us.
• Network – Through this book you get access to the recognized thought leaders of today, what they are up to and how to tap into their networks – very valuable.
• Diversity – Each contributor has presented their work in their own desired format, which in conjunction with the powerful messages produces a lesson in the art of communication.

The eBook comprises a page per topic word, with diverse topics as Strengths; Poker; Harmony; DIY; Change; Confidence; Productivity, to which a contributor per topic has shared their insight and knowledge, primarily producing a sense of reflection and thought to each topic.

I found it triggered many emotions and thoughts associated with each topic. As fast as they were triggered, when I flipped the page to read the next topic, the sensation was repeated – it is like being in a conversation with the author of each topic.

Later in the  day after reading the book, as I moved about I found I was pondering my situation and reflecting back on what I had read earlier. I think this is one of those books you keep with you as a guide. The format makes for a very easy read and great if you need to read in byte-size slots.

To give you a little insight to the content and contributors – Tim Sanders, author of Love is the Killer App: How to win business and Influence Friends wrote on the topic of Confidence – Tim speaks of confidence as the “Rocket fuel for your business life”. He then exposes the problem in confidence – “Most people don’t cultivate confidence – it just lands on them due to favorable conditions… Good times make for confident people. Bad times crush them, along with their daring point of view”

How true has this been over the last year? Tim then prescribes some sensible action to avoid this situation.

To demonstrate the contrast in presentation Jessica Hagy, author of the blog Indexed drew a simple picture on an index card and it produced just as much thought on the topic of Facts!

Do yourself the favor and download the ebook – but more importantly read it! If you can’t do that then please send the link to someone you care about because they will appreciate it.

Download free now -What Matters Now

This article was contributed by Guy Ralfe, co-founder of Active Garage and co-author of the upcoming book "ProjectManagementTweets". You can follow Guy on Twitter at gralfe.

Tagged as: active garage, book review, business, Business Management, Business Strategy, Effective Thought, entrepreneur, Entrepreneurship, execution, gralfe, Guy Ralfe, outlook, possibilities, seth godin, what matters now, www.activegarage.com