Karen E. Klein – “Help for overworked Business Owners (2)”

Entrepreneurs often hope to gain free time by starting their own businesses, but most find themselves working longer hours than ever. Financial guru Louis Barajas says simple organizational systems can help business owners regain balance in their lives.

(from Business Week — Smart Answers)

In the very same podcast episode “Help for overworked Business Owners” I blogged about earlier, I found another gem:

  • the one thing you can do to up the value of your business is to have your business run *without* you.

Clever idea. And while you are at it, have some vacation too.

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Karen E. Klein – “Help for overworked Business Owners”

Entrepreneurs often hope to gain free time by starting their own businesses, but most find themselves working longer hours than ever. Financial guru Louis Barajas says simple organizational systems can help business owners regain balance in their lives.

(from Business Week — Smart Answers)

In this podcast episode “Help for overworked Business Owners”, I found some interesting material

If you quit your job to start a business, make sure it is really a business and not another job.

What’s the difference?

A job is something you do, and get paid for.

A business is something you own, and profits you.

John Byrne – “GM’s Challenge”

BusinessWeek’s David Welch tells John Byrne that the lumbering, money-losing giant finally sees gas engines are a losing bet. But is it too late for GM?

(from Business WeekCover Stories)

Key points of this podcast:

GM is behind, and loosing ground. No one to blame but GM. Not Toyota. Not any other business. Just GM.

So stop whining.

Go green.

Do something.

Anything. (but crying)

Now.

Go.

Jack Welch – “How to Bust into the Big League”

BusinessWeek columnists Jack & Suzy Welch say big companies prefer the devil they know to an upstart they don’t. You’ve got to offer them a deal with the kind of fire they can’t ignore.

(from Business Week — The Welch Way Podcast by Jack and Suzy Welch)

This podcast‘s key points:

  • Go out and change the game. Period.
  • Make them an offer they can’t refuse. Don’t go there with silly tiny improvements.
  • Offer game changing propositions.

Karen E. Klein – “Technology Vs. Personal Interaction”

Business is all about relationships, but relationships are transformed by technology. Peter Handal of Dale Carnegie advises on using technology without losing crucial personal interactions

(from Business Week — Smart Answers)

I could not agree more with this podcast. Key points:

  1. Communicate directly with your customer. Emails are great for support, not as primary means of communication
  2. If it is a bad news, PHONE. Send an email for the records but PHONE.

Jack Welch – “Red Flags for the Decade Ahead”

(from Business Week — The Welch Way Podcast by Jack and Suzy Welch)

In this podcast, Jack and Suzy point out three future issues that are currently overlooked:

  1. Future of family business (Wealth Preservation VS Wealth Creation; Succession issues with longer life expectancy and 2nd rate successors)
  2. Lack of management in developing world (i.e. Money is where Management is. (and vice-versa))
  3. Corruption in emerging market (We should get rid of it in the coming future, for the benefit of all)