Do The Hardest Thing First And The Rest Will Be Easy

Written by Greg Reid


Continued from page 1

Now I know this is not some great” Aristotle” wisdom, butrepparttar message has stayed with me ever since and has helped me in ever possible function of my adult life. So much so, that I am sharing it here with you now.

Even when it comes to paying our taxes orrepparttar 104044 day-to-day “Drama” that may occur,repparttar 104045 same thing applies…deal with it then and there.

That way, it’s off your plate so to speak so you can move on to something more pleasant and don’t have to carry it around with you, or worry about it any longer.

Now, like every month I challenge you, as well as a little secret I learned.

Want to know how to fix this? Do you want a sure fire way to help end procrastination in your life?

Do this-

Take a moment, and write down three things, no matter how large or small that you have been putting off.

Then starting tomorrow (with Commitment) Do them! No questions asked, no excuses, just do those three things.

Then, once complete, write down three more things, and do themrepparttar 104046 next day, repeat, etc…

What you will find is a renewed feeling of accomplishment. It gives us a feeling that we took action and eliminates what ever those things we had atrepparttar 104047 back of our minds.

It may sound obvious, but how many of you will do this?

Will you?



By: Greg Reid, GregReid@AlwaysGood.com http://alwaysgood.com Gregory Scott Reid is a Well-Known Speaker and two-time #1 best-selling author of, "The Millionaire Mentor" and "Wake Up: Live the Life You Love" Sign up for his no-cost Millionaire Mentor Newsletter www.AlwaysGood.com


MERGER AND ACQUISITION - AN ENGINE FOR CORPORATE GROWTH

Written by Dave Kauppi


Continued from page 1

7.TECHNOLOGY – BUILD OR BUY? This is a quandary for most companies, but is especially acute for technology companies. Acquiring technology through acquisition can be an excellent growth strategy. The R&D costs are generally lower for these smaller, agile, more narrowly focused companies than their larger, higher overhead acquirers. Time to market, window of opportunity, first mover advantage can have a huge impact onrepparttar ultimate success of a product. First one to establish their product asrepparttar 104043 “standard” isrepparttar 104044 big winner

8.ACQUISITION TO PROVIDE SCALE AND ACCESS TO CAPITAL MARKETS – In this area, bigger is better. Larger companies are considered safer investments. Larger companies command larger valuation multiples. Some companies make acquisitions in order to get big enough to attract public capital inrepparttar 104045 form of an IPO or investments from Private Equity Groups.

9.PROTECT AND EXPAND MATURE PRODUCT LINES – This has been very effectively done inrepparttar 104046 pharmaceutical sector where a new technology is acquired to repurpose and re patent drugs.

10.PROTECT CUSTOMER BASE FROM COMPETITION – The telephone companies have done studies that show that with each additional product or service that a customer uses,repparttar 104047 likelihood ofrepparttar 104048 customer defecting to a competitor drops exponentially. Get your customers to use local, long distance, cellular, cable, broadband, etc and you will not lose them. Multiple products and services provided torepparttar 104049 same customer dramatically improve retention rates.

11.ACQUISITION TO REMOVE BARRIERS TO ENTRY – For example, a large commercial IT consulting firm acquires a technology consulting firm that specializes inrepparttar 104050 Federal Government. The larger IT consulting firm has valuable expertise that is easily transferable to government business if they could only breakrepparttar 104051 code ofrepparttar 104052 vendor approval process. After many fits and starts, they simply acquired a firm that had an established presence. They were able to then bring their full capabilities fromrepparttar 104053 commercial side to effectively increase their newly acquired government business.

Many larger firms have established business development offices to execute corporate growth strategies through acquisition. These experienced buyers search for companies that fit their well-defined acquisition criteria. In most cases they are attempting to buy companies that are not actively for sale. The win forrepparttar 104054 successful corporate acquirer is to target several candidates, buy them at financial valuation multiples, integrate to strength and achieve strategic performance.

Dave Kauppi is a Merger and Acquisition Advisor with Mid Market Capital, Inc. MMC is a business broker firm specializing in middle market corporate clients. We provide M&A and divestiture, succession planning, valuations, corporate growth and turnaround services. Dave is a Certified Business Intermediary (CBI), a licensed business broker, and a member of IBBA and the MBBI. Contact (630) 325-0123, davekauppi@midmarkcap.com or www.midmarkcap.com.


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