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	Saturday, January 14, 2006

The Peter Drucker Legacy of Gems   I have been reviewing some materials on the legacy ofPeter Drucker. I’d like to cite some of his ideas, and writings: 1. Understanding what your Business is all about. - Ask yourself always, ” Who is our customer, and what does he consider value?” - ” There is no business without a customer!” 2. Questions Drucker posed to Jack Welch shortly after he became CEO. - “If you weren’t already in a business, would you enter it today?” - ” And if the answer is no, what are you going to do about it?” 3. When asked where he got his insights. (more…) 6:18:45 AM     comment []   trackback []

Two Precepts I Learned in Managing This year, I have put some thoughts on the way my business is going, and I have learned two important precepts that I plan to implement next year. Business is good, but if we take time to continue to make it healthier , it does allow the business a better way to capitalize on opportunities when they present itself. These precepts and principles are known to me as it is to most businessmen, but the effectiveness (more…) 6:16:28 AM     comment []   trackback []

Advice for Entrepreneurs Don’t start a business just because you think you will be good at it. Don’t start a business just because other people think you will be good at it. Start a business because that should be the one thing you want to do most in life. 6:06:40 AM     comment []   trackback []