Monthly Archives: November 2010

How Black Friday Shopping Tips Can Help You Be A Better Business Owner

26 November 2010

In the spirit of Thanksgiving, Lifehacker contributors churned out articles leading up to the holiday itself, with the hope of sharing their best tips and insider advice with those who were actually looking forward to the shopping phenomenon of Black Friday. While we at JROX didn’t storm the brick and mortar gates of the mall – online shopping is so much easier on the body – we did come away with a new viewpoint from jumping off the main ideas of 2 Lifehacker articles.

In “How to Make a Black Friday Plan Ahead of Time and Save Yourself Some Money” by Whitson Gordon, he laid down four main points to help the readers save tie and money during the sales. His advice is in bold, our take is in regular font.

“Make a list and stick to it.”

Knowing yourself is important: When you know what you really want you’ve narrowed your best choices down and are sure that they’re THE best answer to your needs, so anything else will just be an inferior substitute.
Consistency: By being steadfast and sticking to the plan, you up your chances of getting what you want. You don’t waste time haring off for points unknown in search of the next shinier-better-faster thing.

“Clear your mind before purchasing.”

Keep cool: Anticipation of scoring big and bringing home the trophy purchase can skew your decision-making capabilities. Let the thrill pass through you, and then focus on actually hitting the target.

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Make Action A Habit

19 November 2010, by Ariadne Cedilla

It’s strange to hear someone preach about “making action a habit.” In this global and economic climate, fear and unrest is a great motivator in getting people to get off their heinies and work.

Everybody’s hustling, pounding the streets, burning both ends of the candle just to make ends meet. And now you read, “Make action a habit?”

This isn’t a call to busywork. Mindless action to look like you’re accomplishing something makes you someone who is going through the motions of being alive.

Busywork doesn’t engage you, or ask you to be more of yourself, or ask you to bring more of yourself into this world. The action that we’re looking for when we speak of making IT a habit is purposeful action.

Purpose-full. Geddit?

Making action a habit will demand the following things from you

  • The willingness to feel unsure and bad about yourself – and going on anyway.
  • The willingness to welcome feeling like an idiot in public and in private
  • The willingness to let go of what you “know” for what you find out, to release idle dreams in the hope of molding your own reality in truth, not just in theory.
  • The sheer stubbornness to master your feeling and keep focus on the bottom line of each day, each week, each month.

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How To Use Scheduled Reviews To Stay On Track With Your Goals

12 November 2010, by A. Cedilla

In previous articles here on the blogs, we’ve mentioned the importance of goal-setting, and of using your priorities to reflect, guide and support the goals you make for yourself. Today, let’s talk about how to stay on track with your personal goals.

First of all, let ‘s start with the premise that all important goals are deeply personal.

Even if you work within a company, or live and function as part of an extended family, or have a nuclear family of your own, when you set goals that are important to you, it’s not just because these goals can help the company, or your family, or the other important people in your life.

The goals you set that you value are valuable precisely because they reflect dreams, desires and targets that you deem important. The fact that they also serve, say, the company or your loved ones, is a reflection of your priorities, and a very beneficial parallel.
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Diversification For the Smart Entrepreneur

05 November 2010, by A. Cedilla

When you talk investing, you’re talking money. Common advice is not to put all your eggs in one basket. That’s called diversification. Diversification does several things:

  • It spreads the risk across several groups of investments so that no one group controls all the outcome. While the ideal is that all the investments are working to get you closer to your goal amount, it isn’t always possible, so you diversify. That way, if something happens to affect one type of your investment, the other types can still provide the support you’re investing for.
  • It spreads the risk according your tolerance level and goals. If safety is your concern, low-risk investment can help. If you want to get out of the country at least once in your life, by golly, you can start saving up for it and let the money grow while you’re working on other stuff (like learning a new language — which is also an investment–and getting your passport processed).
  • It spread the risks across your personal time-line, according to your short-term plans and more immediate needs, and long-term plans and more distant (but still vital) goals. If you’re a new parent and looking ahead, you can already start investing for college even before the baby starts teething. If you plan for a relatively stress-free retirement, money-wise, the earlier you start, the better.

When you’re an entrepreneur, the principle of diversification can take on a whole different aspect in its application.
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