Archive for November, 2005
Friday, November 25th, 2005
Understanding Value
Have you ever noticed that if you ask any ten experts for their opinion you’ll get ten different answers? That’s because we live in a dynamic world, expanding and contracting to the constant flux and demands of our economy. Unfortunately many experts attempt to support their opinions with a static (or constant) formula or [...]
No Comments » - Posted in Understanding Value by Tom Fairbanks
Tuesday, November 15th, 2005
Building Business - Relationships
Someone once said that business boils down to two specific things: People and Assets. Success in business unsurprisingly is based upon mastering of the ability to work with both. As such, one of the most important skills one can master is the ability to build strong relationships with people. Simple logic would suggest [...]
1 Comment » - Posted in Principles of Good Business by Tom Fairbanks
Monday, November 7th, 2005
The IC Principle
“It appears, so the cousins say, that there is a measure of distance used in the backwoods of North Carolina known as the IC. When I first heard of this measurement of distance, I asked, “What in the world is an IC?” They responded by telling me that if a traveler stopped and asked a local resident for the directions to a specific location, such as the Johnson place, that traveler might just hear that the location was just three IC’s down the road. When the traveler would ask what they meant, the local resident would explain that if the traveler would go as far as they could see, and then from that point, if they would go as far as they could see, and then from that point go as far as they could see, then they would be at the Johnson’s.”
1 Comment » - Posted in Principles of Good Business by Tom Fairbanks
Tuesday, November 1st, 2005
Change & Opportunity
Economics Professor, George Odione stated: “That which does not change, remains the same…and that which remains the same will become obsolete.â€
Today we live in a fast paced Hi-Tech world that is ever changing. Although the pace allows us to have more, see more, and be more, it brings with it a rapid disconnecting of [...]
