Art Collecting: For Profit and Pleasure

Written by Ivan Cavric


Continued from page 1
3.Step 2 doesn’t always work and there is a good chance that you may miss out on some extraordinary artists. Art is subjective and what one person considers as art others may think its junk. To avoid this, for every 3 pieces you purchase that you like, buy one that you particularly don’t like, yet it fits your criteria as a possible investment grade collectible. 4.BUY ONLY ORIGINALS! Originals are one of a kind. Once an artist becomes well known there will be many collectors bidding but only one original will be available. 5.Limited Edition Prints are glorified POSTERS. In most casesrepparttar framing is worth more thanrepparttar 106601 print. Serious collectors should avoid prints of any kind, evenrepparttar 106602 prints of well known famous artists. In all probabilityrepparttar 106603 prices have been inflated. They should not be purchased or considered for investment purposes. For now don’t waste your time. 6.Get a biography ofrepparttar 106604 artist. Get as much documented information aboutrepparttar 106605 artist as possible. Most artists will provide you with information about themselves, where they studied and where their works have been shown. THIS IS A MUST, and it should be accompanied withrepparttar 106606 art. If they don’t have a biography or basic information about themselves go to another artist. Move on! 7.Talk torepparttar 106607 seller ofrepparttar 106608 art. Try to verify thatrepparttar 106609 work is an original and not a copy of an original. There are many talented artists who are able to duplicaterepparttar 106610 works of well known painters. The obvious copies you will be able to identify yourself (such as an oil ofrepparttar 106611 Mona Lisa), others are more difficult. Ask questions and purchase only when you are satisfied withrepparttar 106612 answers. 8.YOU DON’T HAVE TO PAY THE ASKING PRICE! This isrepparttar 106613 fun part. Bargain, haggle and try to get it belowrepparttar 106614 asking price. Prices are not set in stone. You just may be able to get it 50% or more belowrepparttar 106615 asking price. You never know, some artists are truly starving artists. There is always room for negotiation. 9.Keep your receipts, cancelled checks and any other written information that accompaniesrepparttar 106616 purchase. This is often overlooked yet it is a key part of serious collecting, regardless ofrepparttar 106617 value ofrepparttar 106618 piece. It is a good idea to write down where you purchasedrepparttar 106619 art andrepparttar 106620 reasons why chose that particular piece. These records become part ofrepparttar 106621 history ofrepparttar 106622 art. Keep them in a safe place, I cannot stress enough how important this is for future valuation. 10.Take care of your collection. Keeprepparttar 106623 art out of direct sunlight, damp places and out of reach from unruly children and pets. Use common sense. Have proper insurance on valuable pieces and frequently update your records on various artists you are collecting.

Now you haverepparttar 106624 ten basic tools of collecting art for profit and pleasure. The Internet is a phenomenal resource. All kinds of information is available atrepparttar 106625 click ofrepparttar 106626 mouse. It is also a good tool to share and promote your newly discovered artist. Keep in mind thatrepparttar 106627 reason artists are famous is that they are well known. The more people you tell aboutrepparttar 106628 works you acquiredrepparttar 106629 more will get to knowrepparttar 106630 artist. Don’t be shy, share your discovery with others. Everyone will benefit.

Finally, don’t procrastinate, go out and start collecting. There is only one way I know of to become an experienced collector and that is to start as a novice. Everyone has to start somewhere. Don’t get discouraged. It’s true that everyone is a critic, butrepparttar 106631 only critic that matters is YOU!

Ivan Cavric is President and Managing Partner of PrimeQuest Capital Corp. For over a decade Mr. Cavric has provided investment business consulting services to private clients and corporations.


Cultivating Performance

Written by Gloria Dunn


Continued from page 1

Step Two -- Plan

Now that you've assessedrepparttar factors that contribute to an employee's poor performance, you need to develop a strategy and action plan. Your goal is to turn a poor performer into a self-motivated, accomplished, powerful employee. Of course, if this is not possible, thenrepparttar 106600 kindest gift you can give this employee isrepparttar 106601 freedom to find a more fitting job.

Ifrepparttar 106602 employee and job role are not a match, find a better fit forrepparttar 106603 employee within your organization. If there is none, then letrepparttar 106604 employee go. Also, if you have not previously told your employee their job expectations, then discuss them in a professional and tactful manner. Also, letrepparttar 106605 employee know that you will support him and monitor his growth.

You want employees who are both willing and able to do their job. When evaluating someone's willingness, look for specific things that a person says or does to indicate willingness or unwillingness. If an employee is unwilling, you need to discoverrepparttar 106606 reason forrepparttar 106607 unwillingness and supportrepparttar 106608 person in resolving it. If someone does not haverepparttar 106609 skills to do a job, training or mentoring can increase her ability.

Your proactive interaction with your staff is key to both their and your success. To improverepparttar 106610 manager/employee relationship, use a behavioral style profile assessment tool, such asrepparttar 106611 Personal Profile System (DiSC), to understand yourself and those you manage. Also, have your staff takerepparttar 106612 profile. The knowledge gained from accurate assessments promotes better communication, minimizes conflicts, and helps develop good rapport. You will also gain insight into how to help employees become self-motivated.

Conclusion

If you decide thatrepparttar 106613 employee can go from poor to powerful performance, then coach, monitor, and praise him. Develop a performance improvement plan together withrepparttar 106614 employee, and help him move toward your mutual goals. Then monitor his achievements, give continuous feedback, and praise his accomplishments.

An accurate role description, sound hiring practices, and a manager's ability to fosterrepparttar 106615 strengths and talents of her staff leads to good job performance atrepparttar 106616 onset. But, if an employee is not teachable, coachable, or praiseworthy, it is time to say goodbye. By documenting coaching sessions, problems, and performance, you will haverepparttar 106617 paper trail that supports disengagement.

Gloria Dunn, president of Wiser Ways to Work, is an organizational behavior specialist, consultant, trainer, and speaker. Check out her free tipsheet: "5 Ways to Attract and Retain Top Talent," and sign up for her "10 Management Tips" series on www.wiserwaystowork.com. Gloria can be reached at 415-459-4843 or mail to: gloria@wiserwaystowork.com.


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