personal success

Opportunities EVERYWHERE

/ SupremeCmdr / 2 Comments

Exchange of Services and Adding New Business Lines: I have a good friend who is a young MD type doctor. He was loaded down with student loans and he operates his own office in Encino, CA, a fairly wealthy area. It costs him $225 per hour to keep his office doors open. He had to do hospital rounds at night to survive. Radio time is now going begging. So, I worked a deal for him with a local radio station. He gets advertising air time and even has his own medical “show” on that station. He is also now the personal doctor for the station owner and the few employees. This was an exchange of services. I did not charge for putting this deal together but it lead to a new business line for him that I proposed and share in that revenue. He is located in a wealthy area. There are a lot of wealthy older people in the area who do not like going to see the doctor but from time to time, need medical help and attention. So we set up a medical concierge service that also gets advertised on that radio station. We make house calls and the fee is not cheap. We now have eight doctors on call and business is brisk.

via Opportunities EVERYWHERE Market Sniper – Slope Of Hope with Tim Knight.

The example above is one of the real life money making opportunities highlighted in the article.  Go read the rest.  This is tremendous food for thought.

I started to think about my own business after reading the article.  A while ago I recognized my opportunities were similar to the ones described by Knight.  I began to understand that I had started working at the intersection of disciplines.  Underwriting and law.  Auditing and underwriting.  Technology and underwriting.

Can you take your expertise to the intersections of disciplines to meet unmet needs?

HT – Michael Panzner at Financial Armageddon

The Case Against Passion – naked capitalism

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But the real question is who this vogue for romantic attachment to one’s work really serves. Faking passion in job interviews seems to be as necessary as faking orgasms is in some relationships. On the surface, this long-lived fas appeals to the narcissistic tendencies that are ever more common in American society, that we all have some special talent or destiny and we are supposed to go forth and, to use that horrible New Age turn of phrase, manifest it.

But being emotionally invested in career success as the proof of one’s worth makes people exploitable. That’s the secret of elite firms like Goldman and McKinsey, which hire people who were not simply bright, but have a record of achievements that shows that they care deeply about external validation. When an organizational guru came in to give a look over McKinsey in the 1980s, he was famously told by the head of the firm, “Don’t mess with the insecurity.”

via The Case Against Passion « naked capitalism.

Passion is overrated.  Love is perhaps too strong a term.  I prefer extreme liking.  Are you passionate about your work?  Do you love what you do?  Or do you simply like what you do?

Do or not do.  There is no try.

Yoda

Latin America: Where the world’s jobs are

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Latin America: Where the world’s jobs are – CSMonitor.com.

So far, 200 entrepreneurs from 30 different countries have traveled to Chile to try to get their ideas off the ground through Start-Up Chile. The program aims to fund 1,000 entrepreneurs by 2014, and not only benefits the grantees – 80 percent of whom are foreigners – but is a boon to Chile, too, says spokeswoman Brenna Loury.

Interesting little article that offers minimal facts to back up the author’s assertion in the title.  How does 200 entrepreneurs equal “where the world’s jobs are”?

A Harrison Barnes – Do What You Want To Do, Not What You Think You Should Do

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If you have a job or are pursuing a certain career primarily because you think you should, or because others think you should, you are making a huge mistake. You need to understand that if you keep doing this, you are never going to be truly happy. You need to be living the life and having the career that makes you happy. The voices that you hear inside yourself, which tell you to pursue a certain profession or be a certain thing, are often not your own voice. They are the voices of your parents; they are the voices of your peers in school; they are the voices of the people you associate with at work.

via Job Search Guru | A Harrison Barnes, Career Advice, Job Search, Change In Profession | Harrison Barnes | Try the Career Coaching Club!.

Why do you do what you do?  Easy question but sometimes you may not like the answer.

Networking for Survival – HBR

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Without the network, you don’t get new ideas into your organization, you don’t see trends and issues that affect you and your customers, you don’t grow and develop your people with new challenges and opportunities, you aren’t attractive for young talent, you don’t learn about new technologies or business models, you don’t create new markets and you risk deluding yourself with your own ideas. You don’t increase your own value and advance your own career. Without the network you stagnate, you become stale. With the network you grow, provide meaningful and valuable solutions to your customers and not just survive, but thrive.

via Networking for Survival – Deborah Mills-Scofield – Harvard Business Review.

Great post and well worth reading.  One comment caught my eye,

When new forms of communication emerge, don’t just look at how to improve what you’re doing already, but at new ways of doing.

I immediately thought of social media as a new way of doing.  My transition from a dumb phone to a smartphone is a new way of doing (for me).  One of my new projects for the New Year is to create a Google+ business page.  Is this an “improvement”?  Not really.  It’s just a new way of doing.