Archive for August, 2008

The 5 Basics of Team Building

There are 5 basic parts to building an effective and efficient team. If you incorporate these 5 basic principles you and your team will be successful and unstoppable!

Principle #1 – Training: In order to motivate people to learn, show them how the training can improve their lives and their potential. During this process, you will further your own goals through implementing and supporting learning activities. There are few things you need to keep in mind.

Don’t skip the basics. They should be reviewed for everyone on a regular basis. They form the core foundation for everything that follows.

Use a “need to know” approach. Adults don’t need broad training that isn’t related to their job functions. They need specific training that will help them perform their duties, so tie the training offered into their daily functions.

Stress the personal benefits. Unfortunately, first and foremost, people are always interested in “WIIFM?” – What’s In It For Me? If they don’t see a personal benefit, they will not do what you are asking of them. So you need to show them how it benefits them personally as well as the team.

Give hands-on training. Experience is the best teacher. Most people, including myself, will learn a lot quicker and easier if they “Get their hands dirty.” Simulation and role playing can be effective methods for hands-on training. Heck, they might even have fun with it and you never know what kind of creative ideas could pop up out of nowhere!

Keep the training session short. If they are too long, people will lose interest, become board, and not remember what they were taught. Teach them a lesson, allow them time to apply the lesson learned, and then move n to the next lesson. It is said that after 2 hours of straight training or lecture, the mind begins to wander and you aren’t getting through to them any more anyway. So why waste your time and theirs? Keep it short and the training will be more effective.

Recognize that all people are different. Just because John comprehends the training immediately doesn’t mean Mary will (and visa-versa). Have patience with the people who need more time and assistance than the others and give them what they need. In the long run they will be grateful and more efficient and effective.

Match the training to each individual person. If Mary works in the computer repair department and John simply uses a computer to help with his tasks, they obviously don’t need the same training. Mary might need a computer repair course where John might need to know about spreadsheets.

Principle #2 – Delegating: You can’t build a team without effective delegation. It’s all too easy for a leader to fall into the trap of doing things themselves because they “want it done right.” You have to learn to delegate tasks so that your time can be used optimally.

Have a clear definition of the task. Let them person know the results you are seeking and what benefits will come from completing the task rather than telling them how to do it. This allows for creativity. They come up with an idea that you never thought of which completes the task more efficiently or more productively.

Assign authority. Decide who is capable of performing the task and then give them the authority they need to complete the job on their own. Don’t hold them back by micro-managing them.

Be crystal clear about who will be accountable for what. This will instill pride in their workmanship and will remain with the people delivering the results.

Offer guidelines. This reinforces your expectations to competent people and helps the unskilled or uncertain people learn what you expect from them.

Don’t micro-manage! Monitor the progress of the tasks you have assigned, but don’t hover over the people. You will make them nervous and resentful. It will give them the feeling that you are not confident of their abilities. If you micro-manage everything, you are not using your time effectively and you might as well do it yourself! At that point, what’s the sense in delegating?

Provide feedback on progress. Ask the person their thoughts on the progress of the task. Offer suggestions, but don’t make it concrete. You must allow for them to accept or reject your suggestion to a certain degree. Feedback, especially positive feedback, helps people improve and work harder towards accomplishing the intended goal. This is crucial!

Reward and recognize a job well done. Like feedback, positive reinforcement for a good effort is crucial. It allows people to feel they are doing a good job (assuming they are) and it motivates them to maintain the same level of competence and quality of work, if not improve upon it even further.

Principle #3 – Gratification: To maximize productivity and loyalty, create an atmosphere that is as stress free as possible. Finding a way to make the work enjoyable is conducive to people applying their talents and energy to reach the desired results.

Principle #4 – Directing: When you give people direction, challenge them to use their talents, and give them the independence to achieve their goal, you have helped them to fulfill their personal potential and that of the team. The team should create its mission statement itself. This gives them the pride of ownership. You can continue directing your team and use their mission statement and sense of pride as a motivator to achieve excellent results.
Principle #5 – Motivation: Directing your team is just the start. They have to be motivated! One of the best ways to motivate the team is through recognition and rewards. To most people recognition is more important than the pay associated with their successful completion of the task! It’s commonly called “A Ego Trip.” It sounds frivolous but it is important none the less. People thrive on it, some more than others, and it is a fantastic motivator!

Always praise your team in public, but correct them in private. There is no need to embarrass anyone and correcting people in public will eventually lead to embarrassing yourself. Nobody will want to be on your team, and productivity will slow down because everyone will be too afraid of being publicly ridiculed. They will take precautions and be extra careful not to make a mistake.

Praise what’s right and train what’s wrong. It’s just plain stupid to fire somebody who needs training. Instead, get them the training they need. You never know, they could be your next superstar! Praise things that are working well to reinforce confidence. Provide training where improvement is required.

When you respect your team and work with them to improve, you create an atmosphere which breeds personal motivation in people and allows them to do their best. Build professionalism within your team by encouraging them to maintain a high standard of performance. Maintain the ideal that it’s not the job you do, but how it is done that counts.

Lou and Robin Bonaventura have been Professional Network Marketers for the past 4 years. They attribute much of their success to daily personal development and continual learning. Get your daily personal development started today with a complimentary copy of Napoleon Hill’s classic “Think and Grow Rich”. Also be sure to visit their Blog and Learning Center.

Do Affiliate Based Programs Work

When most people get the idea of starting a home based business, one of the first things that comes to mind is joining an affiliate program. People seem to have this mistaken idea that because the different companies offering affiliate programs have so many different products to offer, it will be easy to sell those products from your website. The problem is that thousands, and even millions, of other people with access to the Internet, have the same idea, so the market is becoming saturated.

Even if you do manage to find a product that sells well, you will have to sell a great many products in order to make any kind of decent income from these programs.

This is not intended to dissuade you from joining affiliate programs as a means to make some extra income, but it is not something that you can rely upon if you are attempting to replace a primary or secondary source of income. In order to make any kind of real money with these programs, you have to either join hundreds of them and be willing to invest a great deal of money into advertising your website, and thus your affiliate programs, or you need to find those that pay the most commissions. For example, some of the credit card processing companies like Click Bank offer $4 and up for every sale that goes through their network from one of their partners.

Even with these higher paid affiliate programs, you have to be willing to do a great deal of advertising and promoting of your website in order to make any substantial income.

With affiliate programs, the key is in advertising and promoting, and the more you have to advertise and promote, the better your chances are that you will be successful with the venture. Those most likely to be successful with this type of home business are those who are not only familiar with advertising and promoting websites but selling as well. That doesn’t mean that someone who does one or the other cannot be successful, but those who have the most experience in all aspects of this type of business will gain the most success.

That means you should not only know about website advertising and promotion and have experience in sales, but you should also be equally familiar with the products within your affiliate program(s). For example, don’t join an affiliate program for a company that sells political memoirs if you have no interest in politics. You have to enjoy what you are doing in order to do your best, and that means knowing and enjoying the products that you promote. None of this guarantees success with this type of business venture, but lacking these qualities assures ultimate failure unless you gain the knowledge and expertise along the way.

Scott Young Is A Plug In Profit Site member As Well As An Authority On Developing Online Affiliate Marketing Internet Businesses. Get more Information On How To Build Your Own Online Affiliate Marketing Business. For Internet Business Ideas To Make Money Online, Visit:
Online Affiliate Marketing Business Ideas and Opportunities.

Franchise Business: When To Quit

Most business owners close their businesses voluntarily; there is a variety of reason why business closes but one common factor among all these is that the business ceases to provide a decent income to meet the needs of the business owner. In rare cases, some business close because the owner have found a better business opportunity.

But some businesses owners stop operating their businesses not for the reason that the business is losing money but rather, it is because they had received an offer from someone to buy the business. If this is the case for you, then you need to do a cost benefit analysis, this means that you should know whether you are going to earn more if you continue with your current business or are you going to benefit more from the buy-out offer.

Meanwhile, for people with a franchise business, the reason for quitting is often because they can no longer pay for the royalty fee that comes with availing of the said franchise. But quitting doesn’t necessarily mean you should stop looking for other business opportunities because there are many other businesses you can get into. You can still avail of other franchise opportunities available in the market. Some franchises give you the option to earn more in terms of percentage profit and you receive the return on your investment within just a short period of time.

If you don’t have the necessary resources to avail of a franchise, then you can also consider looking home business opportunities. This way, you will have a lesser start up costs and you can run your business at the convenience of your own home. There is no limit in business opportunities you can get into but you should also consider your strengths, your weakness, and the opportunities and threats in your environment.

In some cases however, some businesses are beyond redemption. For example, a business may be selling a product that is out of trend. Another example is the beeper, this is an outmoded technology, and there is really no choice on the part of the business owner because this product is not going to sell even with heavy advertising and promotion. This is because of the instruction of the cellular phone and the voice over internet protocol technology. This development allows the customers more convenience at a lesser cost.

But overall, the decision to quit is made by both the business owner and the target market. Remember though, that most businesses do not earn much money during the first year of operations. In fact some businesses only get their return on its investments after several years of hard work and marketing promotions. So you should not quit if you believe that your business has a chance of making some profits after several years. Even if you quit your current business, the world is still wide open for you to another business opportunity, it is up to you whether you will take advantage of it or not.

Tristan Andrews writes useful articles about franchises. Discover the world of Franchising. Explore franchise opportunitiesthat can expand your financial horizons at http://www.franchise-guide.org/