Monday, July 1, 2013

How mobile first is rewriting business

How ‘mobile-first’ is rewriting the rules

Real Estate Connect panel will examine new ways to think about mobile marketing

Guy in a suit making mobile miracles image via Shutterstock.Guy in a suit making mobile miracles image via Shutterstock.
Does anybody doubt that “mobile-first” is rewriting the rules of customer engagement, marketing, operations and business as usual?
Hear firsthand from four people who are rewriting those rules at a Real Estate Connect San Francisco panel discussion, “Mobile Marketing: New Ways to Think About These Little Devices.”
Scheduled to participate in the Thursday, July 11 panel are Burzin Engineer, managing director, Elemental Crafts; Art Agrawal, CEO, YourMechanic (@yourmechanic); Caterina Fake, founder and CEO, Findery (@caterina); and Stephen Pacinelli, co-founder, Tech Savvy Agent, and vice president, real estate events, Move Inc. (@stevepacinelli‎).
Burzin Engineer
Burzin Engineer
Art Agrawal
Art Agrawal
Caterina Fake
Caterina Fake
Stephen Pacinelli
Stephen Pacinelli
See more of what’s on the agenda at Real Estate Connect San Francisco, which takes place July 10-12 at the Hilton Union Square.

Follow Real Estate Connect on Facebook, Twitter and LinkedIn:
Facebook Twitter Linked In

5 Key Leverage points to increase real estate volume

5 Key Leverage Points to Increase Real Estate

By Karlton Utter

Leverage Points_BH&G_450x300As a real estate professional, finding key leverage points within your business is important to effecting positive change. As the industry continues to evolve, so must our skills and sales strategy.
Identifying and capitalizing on those areas where a small tweak or addition to strategy can make a big difference will accelerate and support sustainable growth.
Below are five key leverage points to increase real estate sales and ultimately business growth!
1. Utilize a buyer consultation
Today’s buyer has access to just as much, if not more information than we have. Our role has changed and we must now have relevant information not only at our fingertips, but available to share at a moment’s notice.
The first step to maintaining control over the transaction is to explain the entire buying process from start to finish and how you are going to work with them. What value do you provide and how will a buyer benefit from working with you?
Adjust your buyer consultation to leverage an opportunity to build trust and set the tone of the relationship from the beginning.

Want instant access to great articles like this for your blog or newsletter? Check out our 30-day FREE trial of REsource Licensed Real Estate Content Solutions. Need easy stay-in-touch e-Marketing solutions too? Try Pop-a-Note for 99 cents!

A Simple rule to stop useless meetings

Simple Rule to Eliminate Useless Meetings

A Simple Rule to Eliminate Useless Meetings



Ask your team to identify their biggest productivity killer and inevitably two issues will rise to the top of the list: managing their inboxes and their meeting schedules. I'll tackle the former in a future post. For now, I'd like to focus on increasing the value of meetings by sharing a practice our team has implemented to great effect.
At LinkedIn, we have essentially eliminated the presentation. In lieu of that, we ask that materials that would typically have been presented during a meeting be sent out to participants at least 24 hours in advance so people can familiarize themselves with the content.
Bear in mind: Just because the material has been sent doesn't mean it will be read. Taking a page out of Jeff Bezo's book, we begin each meeting by providing attendees roughly 5-10 minutes to read through the deck. If people have already read it, this gives them an opportunity to refresh their memory, identify areas they'd like to go deeper on, or just catch up on email.
If the idea of kicking off a meeting with up to 10 minutes of silence strikes you as odd, you're not alone. The first time I read about this practice it immediately conjured up images of a library or study hall, two of the last forums I would equate with meeting productivity. However, after the first few times you try it, not only won't it be awkward -- it will be welcome. This is particularly true when meetings end early with participants agreeing it was time well spent.
Once folks have completed the reading, it's time to open it up for discussion.There is no presentation. It's important to stay vigilant on this point as most people who prepared the materials will reflexively begin presenting. If you are concerned about appearing insensitive by not allowing individuals who worked hard on the materials to have their moment, constructively remind the group this is a new practice that is being applied to the entire company and will benefit all meeting attendees, including the artist formerly known as The Presenter.
With the presentation eliminated, the meeting can now be exclusively focused on generating a valuable discourse: Providing shared context, diving deeper on particularly cogent data and insights, and perhaps most importantly, having a meaningful debate.
If the material has been well thought out and simply and intuitively articulated, chances are the need for clarifying questions will be kept to a minimum. In these situations, you may be pleasantly surprised to see a meeting that had been scheduled for an hour is actually over after 20-30 minutes.
Of course, even the best prepared material may reach a highly contentious recommendation or conclusion. However, the good news is meeting attendees will now be able to dig into the subject matter and share their real opinions rather than waste time listening to an endless re-hashing of points they're already familiar with, or worse still find irrelevant or redundant.
In addition to eliminating presentations in favor of discussions, the following are a few additional practices I've learned along the way when it comes to running effective meetings:
1. Define the objective of the meeting. Asking one simple question at the onset of the meeting, "What is the objective of this meeting," can prove invaluable in terms of ensuring everyone is on the same page and focused on keeping the meeting on point, rather than allowing it to devolve down endless ratholes unrelated to the matter at hand. I've seen some companies go as far as including the meeting objective on the cover sheet of the materials.
2. Identify who is driving. Each meeting needs one person behind the wheel. More than one driver and it's going to be prohibitively difficult to keep the car on the road. The primary role of this point person is to ensure the conversation remains relevant, that no one person ends up dominating the discussion, and that adjunct discussions that arise during the course of the meeting are taken offline.
3. Take the time to define semantics (and first principles). It never ceases to amaze me how often meetings go off the rails by virtue of semantic differences. Picture a United Nations General Assembly gathering without the real-time translation headphones and you'll have the right visual. Words have power, and as such, it's worth investing time upfront to ensure everyone is on the same page in terms of what certain keywords, phrases, and concepts mean to the various constituencies around the table.
4. Assign someone to take notes. This should not be the equivalent of a court stenographer documenting every word uttered, but rather someone who is well versed in the meeting's objectives and who has a clear understanding of context that can capture only the most salient points. This not only avoids the classic Rashomon effect -- multiple people recalling one event in multiple ways -- but also creates a plan of record for what was discussed and agreed to. This can also be particularly valuable for invitees who weren't able to make the meeting.
5. Summarize key action items, deliverables, and points of accountability. Don't end the meeting without summarizing key conclusions, action items, and points of accountability for delivering on next steps. This summary is usually the first thing to suffer if the meeting has run long and people start running off to their next scheduled event. However, it's arguably the single most important thing you'll do at the meeting (and is ostensibly the reason for the meeting to begin with). Have the discipline to ensure attendees sit tight and remain focused while next steps are being discussed and agreed to.
6. Ask what you can do better. I like to gather feedback at the end of meetings I'm responsible for (particularly if it's a new standing meeting) by asking whether or not the attendees found it valuable and what we can do to improve it in the future. There is no better way to ensure the meeting is necessary. If it's not, either change the objective and/or format, or take it off the calendar.
I look forward to hearing your thoughts and the best practices you use to run meetings more effectively.


Posted by:

The Art of Intrapreneurship

The Art of Intrapreneurship

 





"The entrepreneur is essentially a visualizer and an actualizer. He can visualize something, and when visualizes it he sees exactly how to make it happen." Robert L. Schwartz
There are lots of guys and gals inside established companies who are as innovative and revolutionary as their bootstrapping, soy-sauce-and-rice-subsisting, external entrepreneur counterparts. This is for these brave souls who face a different kind of reality and must practice the art of entrepreneurship inside a company—or “intrapreneurship.”
From the outside looking in, entrepreneurs think intrapreneurs have it made: ample capital, infrastructure (desks, chairs, Internet access, assistants, lines of credit, etc), salespeople, support people, and an umbrella brand. Guess again. Intrapreneurs don’t have it better; they simply have it different. Indeed, the reality is that they probably have it worse because they are fighting against ingrained, inbred, and inept management. This is the real-world list of what you have to do to succeed as an intrapreneur.
  • Kill the cash cows. This is the best perspective for both intrapreneurs and their upper management. Cash cows are wonderful—but you should milk them but not sustain them until, pun intended, the cows come home. Truly brave companies understand that if they don’t kill their cash cows, two guys/gals in a garage will do it for them. Macintosh killed the Apple II: Do you think Apple would still exist if it tried to “protect” the Apple II cash cow ad infinitum? The purpose of cash cows is to fund new calves. If you can’t openly kill the cash cow, then ignore, circumvent it, or work parallel to it—somehow shorten its journey to the slaughterhouse.
  • Reboot your brain. Just about everything you learn and do inside a large company is wrong for intrapreneuring. For example, in a large company, you survey customers, check with the sales force, build consensus, conduct focus groups, test, test, test, ensure backward compatibility, test, test, test, and then ship. When you ship, you buy ads because that’s what you always do. Forget these practices. Generally, you should do everything the opposite from the tried and true existing way of large companies.
  • Find a separate building. One of the best ways to stay intrapreneurial is to work in a separate building. Ideally, it is between four hundred forty yards and one mile from the main corporate campus—that is, close enough to steal stuff but far enough so that upper management is not in your face. This building should be a piece of crap with lousy furniture because intrapreneurs need to build cohesiveness, and the best way to build cohesiveness is to suffer, and you can’t suffer if your butt is sitting in a $700 Herman Miller chair in a beautiful building.
  • Hire infected people. Do you know what the most important characteristic is of an intrapreneurial (and entrepreneurial team too for that matter)? It’s being infected with a love for what the team is doing. It’s not work experience or educational background. I would pick an Apple II repair department engineer over a PhD from MIT if he “gets it,” loves it, and wants to change the world with it. Of course, you understand that you’re reading the book of a jewelry schlepper who went to work for Apple.
  • Give hope to the hopeless. My prediction for when you begin your intrapreneurial quest and hire infected people is that other people believers will come out of the woodwork to support you. This is because you are giving hope to the hopeless—in other words, the folks inside the company who knew there was a better way but could not make it happen. Thank your lucky stars if this happens because you’re going to need all the support you can get.
  • Put the company first. Intrapreneurs must put the company, not themselves, first. As long as you’re an employee, you have to do what’s right for the company. (However, many employees will think it’s wrong to kill the cash cow, so you’re not putting the company first, but they just don’t get it.) You can’t have both the security of existing employment and the financial rewards of entrepreneurship. Also, unfortunately, the very bozo that stood in your way may get some of the credit for what you did.
  • Stay under the radar. Speaking of bozos who get in your way, you need to stay invisible as long as practical. Your initial reaction to an innovative idea may be to seek upper level and peer buy-in (although rebooting your brain should have taken care of this problem.) Not a good idea.Seek forgiveness (if it comes to this), not permission. As soon as you appear on the radar the flak will start flying. Let the vice-presidents come to you. When they appear and start suggesting a new product, that’s the time to tell them you’re already working on it. Even better: make them believe it was their idea.
  • Collect and share data. Trust me, you will get in trouble if you are a good intrapreneur. This is because the higher you go in many organizations, the thinner the air, and the thinner the air, the more difficult it is to support intelligent life. At some point a bean counting, status quo preserving milkmaid is going to criticize you for wasting corporate assets on something that no customer is asking for. At that point, you need to already know how much your project has cost. If you have to spend weeks retracing your steps to figure this out, you’ll occupy a much weaker position. If there’s anything a bean counter respects, it’s someone who’s already counted the beans.
  • Dismantle when done. If your intrapreneurship is successful, then your product and team will move into the mainstream of the company. That insanely great team of pirates must now integrate into the system. Hopefully, they will improve the system and not become the scum of a new bureaucracy, but integrate they must. I laugh about it now, but at one time we thought the Macintosh Division would never be larger than one hundred people.
Intrapreneurship has its own advantages and disadvantages. It takes an extra dose of courage because if you are successful, you will often cannibalize the current cash cows of your company. However, if you are not successful, your company could die when your cows whither and die.
Guy Kawasaki is the author of twelve books including APE: Author, Publisher, Entrepreneur — How to Publish a Book, What the Plus!, and Enchantment: The Art of Changing Hearts, Minds and Action. He’s the former chief evangelist of Apple and currently an advisor to Motorola. Guy shares enchanting stuff on the topics of marketing, enchantment, social media, writing, self-publishing, innovation, and venture capital.
To read more from Guy, connect with him by clicking the follow button above.
Photo credit: BigStock
Excerpt from Reality Check: The Irreverent Guide to Outsmarting, Outmanaging, and Outmarketing Your Competition

The Happiness project daily quote


Header
 
 

"In 1970 I felt so lonely that I could not give; now I feel so joyful that giving seems easy. I hope that the day will come when the memory of my present joy will give me the strength to keep giving even when loneliness gnaws at my heart."
- Henri Nouwen, The Genesee Diary


Join the happiness conversation over on Facebook, where among other things, I post "Happiness Questions" meant to help you think about your own happiness project. And follow the conversation on Twitter (@gretchenrubin).










share on Twitter Like Moment of Happiness -- The Happiness Project on Facebook
 
 

©2012, Gretchen Rubin. All rights reserved.

5 Gut Checks pre open


System takeover 728x91
System takeover 300x601
liveintent
ad_choices

MarketWatch
 
Need to Know
JULY 01, 2013

5 gut checks before the stock market's opening bell

By Shawn Langlois
 
Need to Know
powered by
ad choices
 


Reuters
Good morning.

It may be the start of a new quarter, but it looks to be the same old markets story. For investors, the first week, in a familiar dance, will be spent wringing hands over what impact Friday's jobs report will have on the Fed's roadmap to weaning.

If Goldman's Jan Hatzius is on point, the numbers will disappoint . Of course, in this wack environment, that could be viewed as a "good" thing. The alternative would mean another step toward the 7% unemployment level that Bernanke put out there as a tapering threshold.

Moving away from QE-palooza, the whole "bad is good" thing probably won't hold up when earnings season kicks off next week. Hard to imagine investors looking past bad numbers, no matter how committed the Fed seems to be to drowning economic weakness in a flood of cash. Just look at BlackBerry's dismal showing last week.

The thing is, most of that weakness may already be baked in as some 87 companies in the S&P have warned, while only 21 have issued positive guidance. At 81%, that's a record for companies getting gloomy ahead of earnings, according to FactSet. In other words, lower the bar, then beat it. Boom, there's your rally.

One area that could desperately use some good news -- actual good news -- is emerging markets, where the carnage has been well documented. Or, as Josh Brown puts it : "EM stocks couldn't find a bottom in a Sir Mix-a-Lot video."

Northern Trust says these stocks are trading at a 32% discount to the S&P 500. Over the past eight years, they've typically traded at a 20% discount. Time for a bounce? Not in the next quarter or two, but Northern Trust's Jim McDonald told Reuters that, over the next 12 to 18 months, "this group will work."

Key market gauges:European stocks  are shrugging off early declines, catching a lift from mostly upbeat PMI numbers . In fact, the euro zone hasn't seen these levels in 16 months. Germany was the only nation to weaken and the DAX  was the hardest hit of the region's major indexes.

Manufacturing PMIs pic.twitter.com/rqA9CMANpa

— cigolo (@cigolo) July 1, 2013

Data wasn't nearly as rosy in China but the Shanghai Composite  actually managed to log a gain to start the quarter on a high note following June's massive 14% drop. In Japan, the Nikkei  pushed to its highest level since May 29, shrugging off earlier losses. Read: Asia markets .

Stocks are on the move higher in the U.S., with futures on the Dow  and the S&P  gaining.  Gold  is also perking up after June's meltdown but it has a long way to go to recoup its 23% plunge in the second quarter .

The buzz: Jousting price targets and the fact that Apple  has filed for an "iWatch" trademark  will keep the ticker in the spotlight today, while wound-licking over BlackBerry's  horrendous performance last week won't be going away anytime soon. BlackBerry is down another 5% premarket after more downgrades.

Many people on Wall Street were recommeding $BBRY -i don't know anyone who said sell. It is amazing how hard people are on you here. For free

— Jim Cramer (@jimcramer) July 1, 2013

3M  is down a bit after being hit with a downgrade of its own . Morgan Stanley cut the stock to equal weight, saying positives are mostly priced in.

Molycorp  is trending on StockTwits after Friday's gains. The stock boasts a lopsided sentiment score of 96% bullish. Onyx tops the trending list after the company rejected Amgen's buyout bid. The stock is up more than 50% premarket. Pandora  and Barrick Gold  are also on the radar.

The chart of the day: The housing recovery is merely "another case of cheap (free?) money distorting the market," says Decision Point's Carl Swenlin. He pointed out that lenders aren't waiting for the Fed, judging from the jump in mortgage rates. He also said that this home construction index chart, from a technical perspective, has entered a correction phase . "Pending Fed tightening and rising mortgage rates confirm the top we see on the chart," Swenlin wrote.

The call of the day: If given the chance to change the title of his new book "$10,000 Gold: Why Gold's Inevitable Rise Is the Investor's Safe Haven" in light of the nasty showing in precious metals lately, Bullion Management CEO Nick Barisheff says, "absolutely not!" In an interview from a few weeks back that was released this weekend, he stuck to this outlandish target . And while it's gotten much uglier since he confirmed his target, the reasons behind it haven't changed.

One of the primary drivers is the perfect record of failure of paper-based currencies. "If you give a printing press, in simplified terms, to a politician, a king, an emperor, a president, a prime minister, you name it, they will overuse it every single time. That is just human nature. And that is what happens," he said. If the Fed were to pull back on easing, Barisheff said we would have a "massive depression." So print more. And then some more. "But the problem is, what happens down the road?"

Investors in David Einhorn's offshore gold fund wouldn't mind seeing some headway toward that $10,000 target. They've lost about 20% this year .

Random reads: Dreaming of self-employment? Here's some good news .

The first death during a live performance in Cirque du Soleil's 29-year history.

"Partners do not spy on each other," said EU Justice Commissioner Viviane Reding at a public forum in Luxembourg. I guess the EU doesn't like getting snooped on either .

Here's Twitter Chief Executive Dick Costello in Aspen, dancing around Katie Couric's NSA- and IPO-related questions .

Student loan indenture and why we must hate our children .

Mayhem marks the start of the Tour de France . But it could have been much worse .

Need to Know starts early and is updated as needed until the opening bell, but sign up here  to get it delivered once to your e-mail box. Be sure to check the Need to Know item. The e-mailed version will be sent out at approximately 8:45 a.m. Eastern. Follow @slangwise  on Twitter.
Get the latest news on our mobile site: http://www.marketwatch.com/m


MarketWatch has sent you this newsletter because you signed up to receive it.
To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders.
Sent to: alanrussell@princetoncap.com

Unsubscribe | Subscribe
Copyright 2013 MarketWatch, Inc. All rights reserved.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07).

MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111
System takeover 160x601

 

The Universe



Anger is almost always a sign, alan, that you've been quiet for too long.

Speak up, buttercup -
    The Universe