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10 Reasons Why You Should Train Your Staff (even if they went to college)

10 Reasons Why You Should Train Your Staff (even if they went to college)

Alright, some of you may not know this and some of you may know this all too well, but times are constantly changing.

If you went to college and graduated 5 years ago and studied let’s say, marketing, and you were to go back to college today to study the same exact major, I guarantee you that the curriculum will not be the same.

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Market Like You Mean it! (Part 1)

Marketing is a fast-paced and exciting activity which can be very remunerative – or quite deadly if you do it wrong…

These series of articles are based on the works of author and philosopher
L. Ron Hubbard, who thoroughly studied the subject of marketing and developed precise methods that have proven to work.

In this series we will go over some of the most important aspects of marketing today.

In this over-saturated and noisy world, marketing has become so important that companies spend massive amounts to get noticed by the public, get their products sold and move on top of the competition.  You may have at least some marketing experience, but let’s for a moment forget all you “know” about the subject and begin with clearing the concept of what marketing really is. Mr. Hubbard defined the word Marketing as follows: “The conceiving and packaging and the moving of a specific product into public hands. It means to prepare and take to and place on the market in such a way as to obtain maximum potential and recompense.” (From article, Marketing, Promotion and Dissemination Defined. )

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Rags or Riches – What’s Your Condition?

When people are talking about a “condition”, they normally think of body fitness, health or the state of your car. But, did you know that there is an actual technology behind that word?

“Condition” is defined as the state of existence of something, whether good or bad.  We determine the condition of something based on a scale of quality. For example, poor – fair – good – excellent – mint. Naturally we strive for the upper part of that scale.  But in business there is a completely different scale to measure the condition of your company.  This scale is based on your company performance and viability. Is it in “danger”? Does it even “exist” to your public? Is it affluent or just going along normally without leaps and bounds? These are all states of existence your business can be in.

For example, you have just started your business.  Your business would be in a state of “non-existence”.  Your public don’t know that you exist.  Or you have just closed a huge deal and your sales shoot up to the highest ever sales range.  That would be an affluent condition. You would have an abundance of income coming in to comfortably plan your future expansion. Another example would be if you have been doing poorly for quite some time and you cannot keep your employees anymore.  You are forced to downsize and that would be a condition of “danger”.  You may have been in a situation where you thought about closing the doors and giving up.  You haven’t made any sales; the bills are stacking up and half of your employees have already quit.  According to the SBA (Small Business Administration) 30% of new businesses fail during the first two years, 50% during the first five years and 66% during the first 10.*  That’s a scary statistic! It shows that entrepreneurs are risk takers.  They must be, or no one would ever start a business.

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The Sure-Fire Way to Measure Your Company’s Productivity

When we think of the word “statistics” we think of complex mathematical summations of values, quantity or quality in certain areas. In this world everything is measured by statistics. In fact, we are so used to quoting statistics to back up opinions or facts, for example, “percentage of this” or “number of that”, that we even complain when these statistics are omitted. Examples are the number of traffic accidents at a specific intersection, or the percentage of crime growth in US States,  or what sections of society eat organic foods, etc. PR agencies rely on statistics for market analyses and customer behavior. In other words, a complicated and somewhat forbidding subject which requires years of study. Or not?

The truth is, the subject of statistics is not complicated at all. Anyone can understand and use it.

In his article Basic Management Tools, L. Ron Hubbard defines it as follows: “A statistic is a number or amount compared to an earlier number or amount of the same thing. STATISTICS refer to the quantity of work done or the value of it in money. Statistics are the only sound measure of any production or any job or any activity.”

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Does Your Company Make This One Common Mistake?

The keeping of, analysis of, and full use of statistics is a fundamental must in the management of your company. Most companies do do this but the question is, “Who is keeping, analyzing and making full use of the statistics?” In my experience, I very, very often see only the owner or a handful of high-level managers tracking numbers to administer and manage the company. The biggest problem with this is that it creates a situation where these people become the only people truly responsible for production within the organization. Do you see how that is?

Why should it only be owners and high-level executives and managers tracking and using statistics?

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