| Advertisement |
This Business
Multiplier System Turns "Countertop Businesses" Into
Corporations.
Sears, L.L. Bean, Victoria's Secret, and Sharper
Image have all built multi-million dollar empires from this
secret alone. Imagine turning a $2,000 investment into $2 million
in three years. Learn how, click here:
http://www.agora-inc.com/reports/700SCBMO/W700E628
|
Wealth |
To Create a Lasting --
and Lucrative -- Partnership, Don't Compromise
You might think it takes an accommodating
attitude and a commitment to compromise to enjoy a lasting
and successful business partnership. You would be wrong.
Collaboration is the essential ingredient. In other words,
make sure the business is always involved in providing a
product or service that you both like . . . or don't do
it. And make sure you both agree on the way you would handle
hypothetical situations that could affect the business --
what you would do if one of you wanted out, for example,
or if it looked like you needed to bring on another partner.
|
|
Health |
Royal Jelly:
The Food of Queens
Last week, in Message #1227, we told you
about propolis, a natural anti-bacterial and anti-inflammatory
that is produced by bees. But that's not the only bee
product that you're likely to find at your local health
food store.
Royal jelly is a natural tonic that's loaded
with B vitamins, minerals, and protein. In the hive, this
nutrient-rich elixir is fed only to the queen bee -- and
she lives 60 times longer than the other bees. And, speaking
of queens, it is said that Britain's entire royal family
starts each day with a healthy dose of the stuff.
|
|
Wisdom |
Use Humor to De-Fang
Your Opponents
Instead of aiming a counterattack at your
enemies, disarm them by criticizing yourself with a
little self-deprecating humor. That's what then-senator
John F. Kennedy did in 1958. To defuse allegations that
his father was trying to buy his son's way into office,
Kennedy made light of the accusation during a campaign
speech by reading aloud this "telegram" from
his generous daddy: "Jack, don't spend one dime
more than is necessary. I'll be damned if I am going
to pay for a landslide."
|
|
Advertisement |
206 Years after
its invention, one man has revolutionized the battery.
This patented new technology will soon make its
way into every car, cell phone, CD player and computer on earth.
It will change batteries forever as we know them...leaving millionaires
in its wake.
Please read this special report to learn more
about this genius, his company, and his vision:
http://www.powerhouseprofits.net/etr1
|
Today's Message |
Do You Have a Problem
With Delegation?
In any endeavor, there is a natural pyramidal
structure to progress. You begin doing everything yourself.
You have some success and hire two people to help you. Things
continue to do well, and you hire four more.
Every person "below" you does something you were
doing at one time. If you are smart, you give away the less-important
tasks (or those you don't do well) and focus on the critical
ones that make your project grow.
The process can continue indefinitely unless someone you've
hired won't make a pyramid of his own. The reluctance to
create such pyramids is known in management theory as "a
problem with delegation."
People who have such problems typically build inverted pyramids
with themselves on the bottom and the weight of all the
people they've hired on top of them. Since they don't (won't
or can't) trust these others to do the details of their
work ("No one can do it as well as I," "It's
faster if I just do it myself," or "I can't afford
the mistakes"), they end up supporting the people who
are supposed to be supporting them. Eventually, the weight
is too great and they break down -- as fallen heroes.
Some of the best and smartest people I've ever worked with
are inverted-pyramid builders. Often they are technical
people, but sometimes they are marketers and product managers.
If you are an inverted-pyramid builder, you are:
* extremely busy
* irreplaceable
* very stressed
Pyramids are not meant to be inverted. And for good reason.
There is a natural law of economics that corresponds to
the physical laws that determine the correct position of
pyramids. It's called "the law of comparative advantage,"
and it says that you should spend your time where you'll
get the greatest benefit from your effort.
Management consultant Stan Portny points out that "you
need to recognize that even if a person is not as good as
you are at a task, it may be worth it to delegate so it
frees you up to do another task you're uniquely qualified
to do and one that will generate more benefits."
But even if you don't invert your pyramids, you may still
have a problem with delegation. You may have a problem deciding
how much responsibility to give up to whom and when. If
you think of delegation in those terms, you can see that
everyone to some extent has a delegation problem -- or challenge.
It may help to think of delegation in terms of six levels.
As Portny suggests, an employee should understand that you
expect him to handle his assignments in one of the following
ways:
Level 1. Get some facts and bring them to you.
Level 2. Get some facts and make several recommendations.
Level 3. Do the above (level 2), and be prepared to implement
the recommendation that you pick.
Level 4. Do the above and then pick one of his own recommendations
and be ready to go with it unless you say "no."
Level 5. Take on the task. Do the analysis. Take action.
And let you know what happened.
Level 6. Do his job. Consult with you only if he has questions.
|
|
Today's Action Plan |
| Think about
the people in your pyramid. Where are they in terms of the
six levels of delegation described above? Do they know what
you expect of them? If not, you'd better make it clear.
What about you and your boss? Where are you in terms of
his pyramid? Are you both clear on that?
Clarifying such unspoken arrangements now can avoid finger
pointing and recriminations later.
|
|
| Advertisement |
Forget China!
Asia's Next Superpower Could Help You Turn $10,000 Into as Much
as $9.5 Million
Last year a small group of investors had a chance
to make up to 147% in two months... thanks to a remarkable system
that predicted China's rise. Now the system has uncovered the
next Asian Powerhouse -- and this time, YOU have a chance for
big profits. Discover the only two stocks you need to own for
the next 15 years... and your opportunity to turn $10,000 into
$9.5 million. Get the details here...
http://www.agora-inc.com/reports/PNY/WPNYE708
|
It's Good To Know |
Optimists
Live 20% Longer Than Pessimists
Optimistic people live longer than pessimists,
according to a Mayo Clinic study based on personality surveys
with over 900 subjects that began in the 1960's. The subjects
were initially classified as optimists, pessimists, or a
bit of both.
Researchers compared the test subjects today
against their expected survival rates. Optimists had a significantly
better survival rate, while there was a 20% increase in
the risk of death for the pessimists. Although the report
did not try to explain why positive attitude was equated
with longevity, it did say that optimists may be less likely
to develop depression and helplessness and they might be
more proactive (see "Word to the Wise," below)
in taking care of themselves. |
|
Word to the Wise |
| "Proactive"
(proh-AK-tiv) means acting in advance to deal with an expected
difficulty.
Example (as used in It's Good to Know, above):
"Although the report did not try to explain why positive
attitude was equated with longevity, it did say that optimists
may be less likely to develop depression and helplessness
and they might be more proactive in taking care of themselves."
|
|
| Michael
Masterson
Copyright ETR, LLC, 2004
ALL CONTENTS OF THIS E-MAIL ARE COPYRIGHT
2004 BY ETR, LLC.
ALL RIGHTS RESERVED: REPRODUCING ANY PART OF THIS DOCUMENT
IS PROHIBITED WITHOUT THE EXPRESS WRITTEN CONSENT OF EARLY
TO RISE.
Protected by U.S. Copyright Law {Title 17
U.S.C. Section 101 et seq., Title 18 U.S.C. Section 2319}:
Infringements can be punishable by up to 5 years in prison
and $250,000 in fines.
Are you having trouble receiving Early to
Rise messages? Ensure that Early to Rise gets delivered
to your email box, click below:
http://www.earlytorise.com/whitelisting.htm
If you'd like to suggest Early To Rise to
a friend, please point them to:
http://www.earlytorise.com/SuccessPartnership.htm
EMAIL CHANGE? Now you can administer your
account online. Simply go to Subscriber Services: http://www.earlytorise.com/protect.cfm?file=account.cfm
and click the appropriate button.
To BECOME AN EARLY TO RISE MEMBER, please
visit: http://www.earlytorise.com or email [EMAIL PROTECTED]
To ADVERTISE in Early to Rise please email
Patrick Coffey at [EMAIL PROTECTED]
NOTE: If URLs do not appear as live links
in your e-mail program, please cut and paste the full URL
into the location or address field of your browser.
sender info = [EMAIL PROTECTED]
sending IP = 209.190.244.102
Disclaimer:
The inclusion of an ad in ETR does not constitute an explicit
endorsement. It does mean that as far as I know the product
is not a rip-off. When I really like a product and want
you to buy it I'll tell you explicitly. Otherwise, view
these ads the way you would commercials on TV or display
ads in the back of your favorite magazine. Check them out.
Make a decision. If you don't like, ask for a refund. (All
products sold here will carry refunds.)
|
|
|
