Art Collecting: For Profit and Pleasure

Written by Ivan Cavric


Have you ever considered collecting art for investment purposes? If you are at home or in your office take a quick look around. Chances are that you have some sort of art hanging on your walls. You or some else selected it because you need something to put on your walls and you likedrepparttar how it looks. In some casesrepparttar 106601 price may have been a consideration. Since you will buying art, why not select works that have investment potential?

When it comes to collecting art most people feel inadequate or intimidated. We have been led to believe that you require specialized knowledge to be an art collector. The critics and most experts don’t offer any help either. Some are more interested in selling their particular showings rather than educating you how to become an art lover and a long term collector.

Collecting art can be very profitable and enjoyable. It is one ofrepparttar 106602 few areas where you can have your proverbial cake and eat it too. Anyone can become a successful art collector. All it takes is to learn a few ground rules, most of which are common sense. Since you have read this far you have demonstrated that you possess common sense, now all you need to learn is a few basic rules.

However, before I get intorepparttar 106603 basics one point needs to be clarified. I am not writing about collectingrepparttar 106604 works of masters such as Dali, Monet, Van Gogh etc. For this type of collecting you do indeed need specialized knowledge that comes from years of study. Most of these works have proven their investment quality and serve as motivation for us to findrepparttar 106605 next great masters. And there will be new masters! The only question is which ones.

That’s whererepparttar 106606 fun in art collecting is! You just may berepparttar 106607 one ofrepparttar 106608 few who started buyingrepparttar 106609 early works of an artist who suddenly becomes famous. It is possible! Imagine for a moment having purchased some early works of an unknown artist named Picasso. Early in his career his works were affordable and easily available to anyone. Now, look whererepparttar 106610 prices for originals have gone to – some sell for millions. And since we have already established that you will be buying art anyway, why not buy art as an investment? Who knows, in 5, 10 or 20 yearsrepparttar 106611 artist may berepparttar 106612 next Dali.

Collecting art for investment purposes is much like treasure hunting. You have to dig through a lot of dirt to get a few gems, but they do exist. Collecting art is very affordable. Remember we only want to buy works ofrepparttar 106613 yet undiscovered. There is a lot to choose from so be discriminate.

In order for you to build a collection, a valuable collection, lets go over a few basic rules. I call them basic because it is enough to get you started with confidence. Once you begin you will be able add to your knowledge from your own experiences. The great part about treasure hunting is that there is always something new to discover. So never stop learning!

Now torepparttar 106614 basics…

Collecting Art for Profit and Pleasure

1.Have a fixed budget allocated for collecting. Know how much you are willing to spend on an acquisition and how often acquisitions will be made. This isrepparttar 106615 first step because it will keep you focused. If you are starting out with only a few hundred dollars it doesn’t make any sense looking at works inrepparttar 106616 thousands. Remember you are just starting out, stay focused. 2.Buy art that you like! Since you are collecting for pleasure as much as for profit you have to likerepparttar 106617 work. Never mind what anyone tells you aboutrepparttar 106618 investment potential, it’s going on your wall and you have to like it!

Cultivating Performance

Written by Gloria Dunn


Can you turn poor performers into company assets, or should you simply fire them? Before you decide, take time to evaluate your management approach andrepparttar employee's capability. Then develop a plan that supports an employee with high potential, or redirectsrepparttar 106600 employee to another employer.

Step One - Evaluate

Evaluaterepparttar 106601 employee and his job role by asking yourselfrepparttar 106602 following questions:

1. Isrepparttar 106603 job role clear? Doesrepparttar 106604 employee understandrepparttar 106605 role?

Whenrepparttar 106606 expectations of a position are not clearly defined, you've got a recipe for failure for bothrepparttar 106607 employee andrepparttar 106608 company. When a shoe doesn't fit, you get blisters. When an employee doesn't fit, you get blistering performance.

2. Have you toldrepparttar 106609 employee your performance expectations?

Often managers fail to communicate job expectations and performance standards. Without an understanding and agreement of successful outcomes and practices,repparttar 106610 employee may proceed downrepparttar 106611 wrong path.

3. Doesrepparttar 106612 employee haverepparttar 106613 willingness to dorepparttar 106614 job?

People have different levels of willingness to perform various tasks and activities. Willingness refers torepparttar 106615 "I will" orrepparttar 106616 "I won't" factor in performance.

4. Doesrepparttar 106617 employee haverepparttar 106618 ability to dorepparttar 106619 job?

A person's ability refers to an individual's level of competence or proficiency in performingrepparttar 106620 task, activity, or behavior required. Ability is often described asrepparttar 106621 "I can" or "I can't" factor in performance.

5. Doesrepparttar 106622 employee's behavioral style support his role and environment?

We are born with characteristics that make up our behavioral styles. These traits influence our ability to perform certain tasks and sway how we interact with others. Since there are different personal styles, we can misinterpret people's intentions based on their behavior. For instance, someone who is naturally social, but not naturally detail oriented, could be assumed to be a poor performer if placed inrepparttar 106623 wrong job.

6. Doesrepparttar 106624 employee have a good relationship with you, her manager?

A manager's skills can determine an employee's performance. The same employee usingrepparttar 106625 same skills and behavioral style can flourish under one type of manager and wither under another. Factors that cause failure include personality conflicts, poor people skills, and lack of understanding ofrepparttar 106626 role of a manager

Cont'd on page 2 ==>
 
ImproveHomeLife.com © 2005
Terms of Use