Wednesday, February 22, 2012

Are Funny People More Successful In Business?

Steve Cody, 57, is co-founder and managing partner of Peppercom, a mid-size communications agency based in New York. He’s also an amateur stand-up comedian, performing frequently at the New York Comedy Club.
“About five years ago I was suffering through an endless business dinner, when the guy next to me said he performed stand-up when not doing IT,” recalls Cody. Intrigued, he decided to take a course and start performing himself. Soon he noticed a happy crossover to his professional life, where he was employing humor more often, listening more intently to clients and becoming better at holding audiences’ attention during presentations.

Cody wanted his employees to reap the business benefits of comedy too, so he launched a 90-minute comedy workshop for his new recruits and staffers to attend every two months. He says it infuses them with confidence, bonds them with coworkers, teaches the nuances of reading an audience and environment, and livens up their presentations. The new refreshed and fun culture is also helping him secure business. “It’s a point of differentiation,” he says. “When all things are equal, clients will pick the firm they want to work with.”
Are funny people more successful in business? Old-school HR people are quick to say that humor is dangerous in the office: It too easily offends or falls flat. However, researchers and companies alike are beginning to tout the individual and company-wide benefits of a well-placed punch line. Those looking for an edge may want to think more critically about their funny bones.
“Humor has three primary impacts: cognitive, emotional and physiological,” says psychologist Steven Sultanoff, Ph.D., former president of the Association for Applied and Therapeutic Humor. He explains that workplace humor may offer some perspective on a situation, which helps people process it. After a company leader sent a memo saying they needed to “shrink” a difficult problem, Sultanoff recalls, one employee posted a tiny copy of the memo on a community bulletin board. Also, because we can only feel one emotion at a time, humor creates an emotional lift by displacing frustration with the joy of the joke and a physiological reduction of stress hormones.
Sultanoff says that people who are funny likely will be perceived as more enjoyable and as better employees because they are in fact more successful. “If someone is using humor then they are connecting with people and building relationships, which creates opportunities that other people may not have.”
Research shows that successful humor boosts both personal productivity and group effectiveness. According to Michelle Gielan, an expert in positive psychology and cofounder of the Institute for Applied Positive Research, when something makes us smile or laugh, the feel-good chemical dopamine is dropped into our systems, which turns on all the learning centers in the brain and heightens creativity, productivity and engagement. In a meta-analysis of 225 academic studies, happy employees were found to have 31% higher productivity and 37% higher sales. Doctors who were primed to be positive came to the correct diagnosis 19% faster and more accurately, while business teams solved problems more quickly, were deemed better by bosses and got higher customer satisfaction ratings.
“Humor can serve to facilitate trust, ease tension and establish a sense of group cohesion,” says Anthony Pescosolido, a management and organizational behavior professor at the University of New Hampshire. In his research, he found that effective humor provides a sense of “psychological safety” that helps manage emotions and makes group members more willing to accept challenging goals. Using humor also increases attentiveness and persuasiveness. For a leader, it helps you relate by breaking down power structures and equalizing people in the organization.
Of course, all of this is true for humor that works. Sultanoff says it’s the “empathic humor,” which has a positive intent and arises out of your compassion for a person or situation, that serves people well. Conversely, “hostile humor” undermines productivity and wellbeing. It negatively targets an individual for a misdeed or character flaw. Someone may use it to show their superiority, as a form of passive aggressiveness or as punishment. It’s when you’re late to a meeting, and the boss says, “He’d be late to his own birth,” notes Sultanoff. It causes people to withdraw, feel more irritated and less motivated, and actively avoid others.

Moreover, Sultanoff says potentially offensive humor—anything that may be construed as racist, sexist, ageist or hits upon another cultural sensitivity—could damage your reputation and professional relationships. “Even if someone isn’t offended by it themselves, they might be offended that it’s against the rules,” he says.
At Cody’s Peppercom, employees are quick to police attempts at humor that cross the line. Not long ago, a new male receptionist sent a company-wide email responding to their rained-out softball game. “I was looking forward to seeing the ladies in wet T-shirts,” he wrote. Immediately, both male and female coworkers told him that such comments were inappropriate and unwelcome, says Cody.
But even those skilled at “low-risk” humor should be wary of overkill. “Over-reliance on humor often leads to a sense that this individual is not a ‘serious’ worker, particularly if one tends to use self-deprecating humor,” says Pescosolido. The proverbial “class clown” may be considered a distraction and a barrier to group performance.
Despite the avenues for failure, some companies are betting on humor’s benefits. “Humor and play are in the corporate mission statements of Southwest Airlines, Google and Ben & Jerry’s,” Sultanoff says. “At most places, you won’t read it in the manual, but I think companies should be thinking about it.” He notes that only 15% of people are fired for incompetence—the other 85% are fired for not getting along with others. Used effectively, humor helps people get along, decreases turnover and increases productivity. And that’s no joke.

Source: http://www.forbes.com/sites/jennagoudreau/2012/02/21/funny-people-more-successful-in-business-humor-workplace/2/

How To Motivate Yourself To Be A Successful Entrepreneur



Do you wake up each day excited to work on your business?
Do you spend time thinking about your business even when you’re not at work?
For many, motivation is difficult to sustain. Some days are better than other. However, when you’re truly excited about your business, and it becomes an active and positive part of your life, everything changes.
When you wake up each day and you feel motivated and excited about your business, it opens the door for the other aspects of an entrepreneurial mindset.
You look for opportunities, you seize challenges, find creative solutions for problems and you effectively share your vision with others.
When you’re not motivated it becomes difficult to do anything other than manage your business. And you’re not a manager – you’re an entrepreneur!
Let’s take a look at a few key steps you can take to find motivation for your business.
Note: If you can’t summon any motivation for your present business, consider finding an idea that does inspire and motivate you.

#1 Gratitude
Gratitude is the ability to recognize and appreciate what you have. It’s also a practice. How often do you feel gratitude? Do you feel appreciative of:
  • The things you have?
  • The people in your life?
  • Your daily experiences?
Gratitude accomplishes amazing things. It helps you stay positive and it has a dramatic affect on your motivation. Why? Because gratitude is something you want to feel more of and you want others to feel. It permeates your spirit and becomes part of who you are.
In order to benefit from gratitude it’s important to make it a part of your life.
Consider creating a habit of gratitude.
Start saying, and feeling, “Thank you” when you experience something wonderful or receive something in your life.
Start acknowledging the things you are grateful for. You can journal or simply create a daily practice of mentally listing the things you’re grateful for.
#2 Focus On Your Strengths and Joyous and Fulfilling Activities
What do you love to do? What are you good at?
Don’t know? Make a list. Start with the activities you love to do and the topics you’re passionate about.
Then create a plan to integrate these joyous and fulfilling activities into your day. Make sure you do something you love each and every day. It is sure to get you out of bed in the morning and excited and motivated for your day.
#3 Celebrate
Celebrate your successes. Each day, whatever you accomplish it doesn’t matter if it is big or small, celebrate your successes. It’ll add a smile to your face, a bounce to your step, and it will help you stay motivated to achieve more success.

#4 Get Inspired
One great way to stay inspired and motivated is to surround yourself with inspiration. So what inspires you? Music? Art? Books?
Create a home office that you enjoy spending time in. Surround yourself with the things you love. And of course, take the time to surround yourself with inspiring people.
It’s hard to feel unmotivated with such greatness all around you.
#5 Take Breaks
An annual vacation isn’t enough. It’s very important to your mental health and wellbeing to take breaks.
Schedule daily breaks. Make sure to take time off weekly and monthly. And of course don’t forget those annual vacations if that’s part of your tradition.
How many scheduled breaks do you take?
Even a few hours or a day or two can really make a difference. It gives you time to recharge and find that original source of inspiration and motivation.
Motivation can wane from day to day and even from task to task. However, being able to sustain motivation for your business is important. You want to feel excited about you business.
It’s the only way to really make it grow. Speaking of growth, the next step is all about tapping into your creative side and generating great, not to mention profitable, business ideas.

Tuesday, February 21, 2012

How to Start a Business with NO Money

Are you wondering how to start a business or take advantage of a great business idea when you have very little capital to get it off the ground? You may be struggling to determine which business to start because you don't have the resources. The experts will tell you when you are starting a business to try to get money from the three F's -- friends, family, and fools -- but there's a much smarter (and less insulting) strategy to get money for your venture.

The truth is you don't need money. You need what money can purchase. If you had your own small business fairy godmother, money would be unnecessary because everything you'd need to buy you could get for free. Turns out you don't need investors or a fairy godmother. You can start a business with no money and get people to work for you for free. Impossible? It's not. I've received "free" help from world-class graphic designers, web programmers, PR pros, marketing gurus, consultants, and other service providers many times and you can too.

Free is such a wonderful word. Unfortunately, nobody in their right mind is going to do anything for free. They'll want something in return. But that's where there is an opportunity for you. I've found that most people are looking for that something that will take their finances to the next level. They may not have the ideas, time, or even the drive to start their own venture, but if they can get a piece of a promising company with very little risk, many jump at the chance.

Sounds simple, but there are a lot of steps and hurdles you have to overcome in order to make a partnership like this a success. Follow these five tips to make sure you attract and retain the best service providers for your start-up:

  1. Think partnership. You have to think in terms of a partnership. It can't be, "Let's see how much free stuff I can take from others." That will never work. You want your partners to feel like they are true partners in the venture. If you pay someone by the hour, you'll get an hour of their time. If you pay someone based on a venture's potential future success, you'll get their time, ideas, life, sweat, blood, and tears. Go into it looking for a partner, instead of someone to give you free stuff.
  2. Great idea. Nobody worth working with will partner on a half-baked idea. Don't even think about recruiting service partners unless you have a really good idea. How do you know it's a good idea? Talk to your friends, family, and business associates. If most people think it's a winner, then you can feel good about finding partners.
  3. Build buzz. Ever been skinny dipping? The first person to jump in risks the chance that nobody will follow. But by the time four or five people jump in, all the risk is gone. Your mission? When talking to potential partners, sell them on the fact that you've got several other interested partners. Nobody wants to be first and nobody wants to be last.
  4. Establish credibility and trust. The biggest hurdle you must overcome is trust. You are asking someone who may have never met you to give away their service and their time. You must establish trust and credibility immediately. If you've had prior business success, talk about it. If you haven't yet, discuss your professional achievements so they can see you as someone who's had other successes.
  5. Make a compelling offer. Let's break this down. You are asking someone you may have just met over email to give you something with the hope that you've got the skills and connections to make it a success. Make them an offer they simply cannot refuse. When they read your offer, you want them to be as giddy as a school girl. Remember, these are your partners. If you do well, you want them to do well too. Don't be stingy.
Whether you are starting a business or running an existing business, you don't need to get money from investors to make it a success. You can find potential partners everywhere. They're online and they're down the street. The same person who would laugh you out of their office if you asked them for a $2,500 investment may gladly trade $2,500 of their services to be part of a promising new venture. Why? Like you, most people are looking for an opportunity to get ahead without risking too much. If someone can invest a little of their time with the hopes of making a huge return, they may jump at the chance. Plus, it's much less painful than trying to get money from Uncle Richard.

Source: http://www.cbsnews.com/8301-505125_162-37441656/how-to-start-a-business-with-no-money/

Sunday, February 19, 2012

Microsoft- Story of Success

According to reports from Washington, Microsoft Software Company is a multi-international American company. The company manufactures a large number of (software) and technical equipment. The company is composed of a group of companies for designing, developing, and manufacturing (software) systems for computers.


Its headquarter is located in (Redmond) city, Washington, far north-west of the United States, where its products and services are sold all over the world and its annual profit exceeds 44 billion dollars. According to a report by Forbes magazine "Bill Gates", the co-founder of Microsoft and its Chairman, is the richest man in the world, with a net worth estimated at 56 billion dollars. As for systems, Microsoft Windows and Microsoft Office are the most sold products of the Company, where both systems are used in most computers all over the world.

Microsoft Company was established by "Bill Gates" and "Paul Allen" in 1975. In the eighties, the Company dominated the market of home operating systems by launch MS-DOS (Microsoft Disk Operating System).

In the nineties, the Company has expanded its production to include computer networks and tools for navigating the internet. It created an MSN system as a new way to join the Online Services until it became a direct competitor of the AOL Company.

As for Microsoft operating systems that are based on servers, especially Windows (95, 98, XP), it is the main source of profit for the Company, giving it the ability for further expansion. The Company's expansion has been embodied in the system of "Internet Explorer" which has become a means for navigating and browsing the Internet, excelled (Netscape), and became the primarily explorer on the World Wide Web.

However, the dominance of Microsoft on the market has been accompanied by many argumentations. The American federal government and the European Union accused the Company of monopoly and exploitation, which resulted in shedding light on monopoly powers in the area of operating systems and web browsers sales, but the Company has defended itself saying: Both Windows operating system and Internet Explorer are intricately linked to each other, hence they are considered one single product. The Company also confirmed the benefits gained by consumers, but critics considered the explorer as separate product, and it is not necessary to be connected with the operating system.

Microsoft has tried to engage in many other markets, particularly the entertainment market, where it manufactures computer games. It has recently succeeded in entering into the games industry, estimated at billions of dollars, which was previously a solely for Sony and Nintendo. Although launching "Xbox" game in the market caused a great loss to Microsoft, the company overcame that problem after the success of the new version of the game.

On the other hand, Microsoft has one of the dominating projects regarding components. The task of this project is establishing and marketing Windows operating system for mobiles, such as personal digital assistants (PDAS), and cell phones. As for (Windows embedded), it is a set of operating systems, technology, and machines made for the market of internally developed installed machines. The most important of these products includes Windows (software) for mobiles, and (Windows embedded) operating system, and (Windows Automotive). Moreover, Microsoft owns a huge number of actions designed to help small, medium, and large businesses with financial management, customer relationship management, supply series management, and analytical systems.

In fact, the general trend in Microsoft focuses on products of personal usage or on the scope of actions and services. As a result of this strategy, (software) systems like Windows control about 93% of the operating system sales market all over the world.

With regard to server systems, the products of Windows Server represent 55% of the market. Hence, the fame and popularity of Microsoft is incomparable in the world of technology. As a result of that success that has been achieved over decades, Microsoft has become one of the most popular names in the world.

The strategy of Microsoft was described as a central developer. Every year new fresh graduates who have studied the development of (software), which made diverse media look to the company as it has a financial record, vision, excellent leadership, and good work environment.