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The difference between value and price

18. October 2010

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The difference between value and price

All successful entrepreneurs know that there is a distinct difference in value and price. But most people don't fully understand this difference. If you want to build a successful business, understanding this distinction is simply crucial.

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Easily increase your turnover … without spending a penny!

14. October 2010

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Easily increase your turnover … without spending a penny!

If I told you there is a way that you could increase your turnover, without even spending any money, would you be interested? Of course you would! You probably spent money on silly things that promised you extra turnover or profit, but actually didn't do anything other than costing you money... Well, let me explain how to do it... for free!

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Work smart, not hard!

2. October 2010

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Work smart, not hard!

"Work smart, not hard". Isn't this a big cliche? Doesn't everyone dream of working smart and not hard? And doesn't it turn out differently all the time? Let me explain how you too can work smart instead of hard, and make more money while you're at it! Here's how I did it...

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How to identify great business ideas

25. September 2010

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How to identify great business ideas

You are going into business with a partner, who has developed 2 fantastic products. The first product is a prevention against cancer, that people have to take every day. The second is a cure for cancer, which you take once when you have cancer and heals you. If you have only enough money to market one of these, which would you choose?

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Go R.O.W.E – Results Only Work Environment

13. June 2010

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Go R.O.W.E – Results Only Work Environment

Recently I posted about location independency. This is one of the great opportunities that the Internet has given us. But it also means that we need to adopt our management strategy, to match the location independency of our team. The Results Only Work Environment is a proven strategy used by a few very successful companies (large and small) to do just that.

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Intrinsic motivation versus extrinsic motivation

6. June 2010

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Intrinsic motivation versus extrinsic motivation

The current economic crisis has led to a lot of new insights in how we should deal with our economy. On of those insights is that it seems that big bonuses don't seem to work well. The banks of who the top executives had huge bonuses, haven't exactly performed very well. There is a different way to get results, and would you believe me if I told you this has actually been scientifically proven and has been known for over 60 years?

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How to create a location independent office

4. June 2010

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How to create a location independent office

With the internet becoming an ever greater part of our lives, there are more and more possibilities. One of those interesting possibilities is to make yourself, and your office, location independent. As an entrepreneur, there is no greater feat than location independency. It makes your life so much easier and much more fun!

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The OTOM principle: Other people’s Time, Other people’s Money

19. May 2010

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The OTOM principle: Other people’s Time, Other people’s Money

There is a principle that is widely used amongst successful entrepreneurs, and especially those with the aim of making money. This principle is called the OTOM principle: Other people's Time and Other people's Money.

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Create a win-win with these 3 simple rules

21. April 2010

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Create a win-win with these 3 simple rules

The concept of win-win was introduced by Stephen Covey. A win-win situation is one where both parties in an agreement 'win'. For example a customer of mine wants a special software application. I know that I can sell the same application to another customer, with a few minor modifications. So I give my customer a discount (his win) in return for the right to sell the application to another customer (my win). In this situation I have applied 3 rules for creating a win-win. If you use these rules you will make sure that any agreement you will make is a win-win agreement.

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Identifying Core Qualities, Pitfalls, Challenges and Allergies in Teams with Daniel Ofman

6. April 2010

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Identifying Core Qualities, Pitfalls, Challenges and Allergies in Teams with Daniel Ofman

The post on the Daniel Ofman model that I posted recently explains the Core Quality model very clearly. But it only focuses on personal personality traits, not on those of others. The question is; can we use the Daniel Ofman model for teams? The answer is yes... with a little adaptation, this is certainly possible.

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