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  • Atricle Dump - Lessons from the Lemonade Stand

    Online Business Failures - Reasons And Remedies
    Reports suggest that a majority of online businesses fail. This means that you will need to avoid the common reasons for the failure in order to make a success of your online business.Instant results:In the day of instant gratification and lightning speed, everyone wants everything yesterday. The level of expectations is further heightened by the number of stories doing the rounds about internet millionaires and guys who invented the ne
    tips.

    Satisfied customers are frequently willing to pay more than the asking price. For good service, they will often give bonuses in the form of tips. The good will established in previous relationships will also pay dividends.

    Other customer service lessons also emerged in the course of this authentic learning activity.

    Lesson 4: Products have to be safe and politely served.

    In a lull, Child 1, who w

    The Power Of Personal Environments
    I’ve got to admit, I’m a big fan of comfort. I like it when things in my world are stable and reliable. For example, my home is my sanctuary. I live here, and I work here. I like it to reflect peace, order and beauty, so when a messy remodeling project was underway - like the recent replacement of a water-damaged bathroom ceiling - it affected me. I was stressed and cranky. My husband might not have been quite so generous and called me downright crazed.
    Like every parent, I search for authentic ways to allow my kids to learn. Our most recent adventure has been a lemonade stand in the front driveway.

    We started with ten glasses of lemonade, a plate of Rice Crispies squares and lots of enthusiasm. Child 1, (six years old) was keen and had no trouble marketing his wares. Child 2, (five years old), was quickly injured by a small rock on the concrete and soon retreated to the safety of her room.

    Lesson 1: Expect difficulty.

    Things will always go wrong. Be prepared to work hard and to do everything yourself to accomplish your goals. Ownership has benefits but also means personal sacrifice.

    “Would you like some lemonade?” Child 1 yelled gleefully to cars and pedestrians passing by on our relatively quiet street. Sometimes, they stopped and he made a sale. However, it took several attempts and lots of rejections, albeit polite ones.

    Lesson 2: Selling is challenging.

    Marketing a product requires great interpersonal ability and persuasion skills. It’s not easy and it requires a zen-like acceptance of rejection. As any successful sales representative will tell you, it’s important not to dwell on those who decline your offers.

    Child 1 remained resilient and positive in the face of adversity. In the 90 minutes of the stand’s operation on a sunny, Friday afternoon, he served about ten customers and made about $7.00. For ten glasses of lemonade and ten squares, each priced at $.20, this should have brought in $4.00. The total should have been even less considering Child 1 ate one of the squares and drank three glasses of lemonade. This leads us to the next lesson of small business.

    Lesson 3: You can get tips.

    Satisfied customers are frequently willing to pay more than the asking price. For good service, they will often give bonuses in the form of tips. The good will established in previous relationships will also pay dividends.

    Other customer service lessons also emerged in the course of this authentic learning activity.

    Lesson 4: Products have to be safe and politely served.

    In a lull, Child 1, who w

    Marketing Your Business: Make Your Promotional Tools Work Smarter
    Through former business and employment roles, I have previously serviced numerous marketing communications projects. My own personal path influenced my approach to design and execution, and I learned several lessons along the way which you will probably find valuable. Some of these lessons were acquired through business startup experiences that entailed bootstrapping as an entrepreneur; others were from servicing clients. There is little incentive for
    he safety of her room.

    Lesson 1: Expect difficulty.

    Things will always go wrong. Be prepared to work hard and to do everything yourself to accomplish your goals. Ownership has benefits but also means personal sacrifice.

    “Would you like some lemonade?” Child 1 yelled gleefully to cars and pedestrians passing by on our relatively quiet street. Sometimes, they stopped and he made a sale. However, it took several attempts and lots of rejections, albeit polite ones.

    Lesson 2: Selling is challenging.

    Marketing a product requires great interpersonal ability and persuasion skills. It’s not easy and it requires a zen-like acceptance of rejection. As any successful sales representative will tell you, it’s important not to dwell on those who decline your offers.

    Child 1 remained resilient and positive in the face of adversity. In the 90 minutes of the stand’s operation on a sunny, Friday afternoon, he served about ten customers and made about $7.00. For ten glasses of lemonade and ten squares, each priced at $.20, this should have brought in $4.00. The total should have been even less considering Child 1 ate one of the squares and drank three glasses of lemonade. This leads us to the next lesson of small business.

    Lesson 3: You can get tips.

    Satisfied customers are frequently willing to pay more than the asking price. For good service, they will often give bonuses in the form of tips. The good will established in previous relationships will also pay dividends.

    Other customer service lessons also emerged in the course of this authentic learning activity.

    Lesson 4: Products have to be safe and politely served.

    In a lull, Child 1, who w

    Business Leadership Starts with Mentoring-The Dance of Mentoring
    The typical role of a mentor is defined as being the training and technical support anchor for an individual who is learning new skills and knowledge. The mentor guides and leads their prot?g? in a dance that ensures knowledge and skills from the mentor are transferred to the prot?g?. This dance is individually choreographed for each mentor and prot?g? as all prot?g?s’ are not the same.One of the big mistakes systems make is to assume that anyone
    l attempts and lots of rejections, albeit polite ones.

    Lesson 2: Selling is challenging.

    Marketing a product requires great interpersonal ability and persuasion skills. It’s not easy and it requires a zen-like acceptance of rejection. As any successful sales representative will tell you, it’s important not to dwell on those who decline your offers.

    Child 1 remained resilient and positive in the face of adversity. In the 90 minutes of the stand’s operation on a sunny, Friday afternoon, he served about ten customers and made about $7.00. For ten glasses of lemonade and ten squares, each priced at $.20, this should have brought in $4.00. The total should have been even less considering Child 1 ate one of the squares and drank three glasses of lemonade. This leads us to the next lesson of small business.

    Lesson 3: You can get tips.

    Satisfied customers are frequently willing to pay more than the asking price. For good service, they will often give bonuses in the form of tips. The good will established in previous relationships will also pay dividends.

    Other customer service lessons also emerged in the course of this authentic learning activity.

    Lesson 4: Products have to be safe and politely served.

    In a lull, Child 1, who w

    The Web's Press Releases Paradox
    On one side, a great number of press releases services ask for articles that count at least several hundred words, meaning several thousand of signs. On the other side, Google Adwords allow ninety-five signs to summarize one's whole purpose.What is the solution? Just read press releases, they give you the answer. First of all, a spectacular title with a maximum of ten words preferably easy-money or instantaneous-success o
    sity. In the 90 minutes of the stand’s operation on a sunny, Friday afternoon, he served about ten customers and made about $7.00. For ten glasses of lemonade and ten squares, each priced at $.20, this should have brought in $4.00. The total should have been even less considering Child 1 ate one of the squares and drank three glasses of lemonade. This leads us to the next lesson of small business.

    Lesson 3: You can get tips.

    Satisfied customers are frequently willing to pay more than the asking price. For good service, they will often give bonuses in the form of tips. The good will established in previous relationships will also pay dividends.

    Other customer service lessons also emerged in the course of this authentic learning activity.

    Lesson 4: Products have to be safe and politely served.

    In a lull, Child 1, who w

    Two Lean Tools You Can Use to Improve Processes at Your Site
    In quality improvement engineering there are many tools. I would like to illustrate a few and show how they can apply to healthcare. I will be using tools taken from Lean Manufacturing, an approach used at Toyota Motor Company for many years now. These tools are easily adaptable with a bit of imagination to healthcare. I am not proposing that all healthcare should blindly adopt Lean as the new “flavor of the month,” but if some of the tools fit your
    tips.

    Satisfied customers are frequently willing to pay more than the asking price. For good service, they will often give bonuses in the form of tips. The good will established in previous relationships will also pay dividends.

    Other customer service lessons also emerged in the course of this authentic learning activity.

    Lesson 4: Products have to be safe and politely served.

    In a lull, Child 1, who was lounging in at the lemonade stand in bare feet, became interested in playing with his toes. This was how he killed time in between customers. However, this activity also provided a teachable moment. We talked about public health issues, such as any germs that could get into the food and make people sick. Because of the unappetizing nature of his amusement, we also discussed the importance of allowing customers to select their own squares and lemonade, without any contact by him.

    Etiquette also developed as a topic. Child 1 practiced courteous treatment of customers in the form of thanking them for patronage and encouraging them to have a pleasant day.

    The evening after the lemonade stand experience, Child 1 discussed how he would spend his ample earnings. Dad, the family pragmatist, had an excellent idea.

    Lesson 5: Re-invest in the business.

    In this case, Child 1 paid $.38 for another pack of powdered lemonade and $.07 each for three disposable plastic glasses. He has temporarily warehoused these to use these for a subsequent lemonade stand on another sunny afternoon.

    I’m confident that the lessons of the lemonade stand don’t end here. A competing stand from another neighborhood child, for instance, would offer additional lessons. As an observer and facilitator at the stand, however, I’m amazed at the strength of this activity for learning potential.

    Lessons from the lemonade stand are as memorable and appealing as a frosty glass of lemonade on a hot, sunny day.

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