What we measure may deserve a shift in focus...Jyoti Pandey
Â
Companies that are conscious of their social responsibility impact their bottom line in a positive way. My article on sustainability reporting in ethikos.
Paper delivered at Home Renaissance Foundation IV International Conference: "A Home: a place of growth, care and well-being", Royal Society of Medicine, London, 16-17 November 2017
What we measure may deserve a shift in focus...Jyoti Pandey
Â
Companies that are conscious of their social responsibility impact their bottom line in a positive way. My article on sustainability reporting in ethikos.
Paper delivered at Home Renaissance Foundation IV International Conference: "A Home: a place of growth, care and well-being", Royal Society of Medicine, London, 16-17 November 2017
Rewriting the Rules of Management for the Facebook GenerationVladimir Vulic
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Slides for my keynote "Rewriting the Rules of Management for the Facebook Generation" at the Proactive conference in Kozara, Bosnia and Herzegovina.
Vladimir Vulic (October 2014)
Back in 2018, I have been reading books and research studies related to the Technology world and found many thought provoking ideas that can be translated into game changers for the many industries.
Therefore, I would like to share an executive summary of a book called The Third Wave, written by Steve Case - former CEO and Chairman of AOL, with anyone whom may be interested in this subject.
The book highlights 3 main areas to develop for entrepreneurs and what they need to do differently in a Third Wave company to succeed.
Fresh thinking begins with exploration. As you plan for how your organization will overcome nascent obstacles and meet emerging needs, consider the approaches introduced here to better incorporate innovation and design methodologies to evolve your organization.
Rewriting the Rules of Management for the Facebook GenerationVladimir Vulic
Â
Slides for my keynote "Rewriting the Rules of Management for the Facebook Generation" at the Proactive conference in Kozara, Bosnia and Herzegovina.
Vladimir Vulic (October 2014)
Back in 2018, I have been reading books and research studies related to the Technology world and found many thought provoking ideas that can be translated into game changers for the many industries.
Therefore, I would like to share an executive summary of a book called The Third Wave, written by Steve Case - former CEO and Chairman of AOL, with anyone whom may be interested in this subject.
The book highlights 3 main areas to develop for entrepreneurs and what they need to do differently in a Third Wave company to succeed.
Fresh thinking begins with exploration. As you plan for how your organization will overcome nascent obstacles and meet emerging needs, consider the approaches introduced here to better incorporate innovation and design methodologies to evolve your organization.
Creative Sprint Online - The development and future of Creative Industries Marcio Dupont
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A document about creative industries in Europe, its development and its relation to innovation, design and the value chain of several industries producing tangibles and intangibles (product and services).
Design thinking for Entrepreneurs and small businessesBhavesh Bhansali
Â
This presentation discusses how design thinking can help you and your business. This gives insights on: What is design thinking, Different phases of design thinking, Role of research in design thinking, Designing a business strategy, designing tools, Circle of influences, context map, designing live customer/consumer expectations, empathy map, mapping the customer experiences, designing a marketing plan/Business plan.
Why user experience is more important than marketingOptimal Usability
Â
Every time we run a breakfast briefing we get the same feedback â âI wish my boss was here!â
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When Fly Buys asked us to speak at their national conference earlier this month, we saw the perfect opportunity to present a clear argument for why organisations need to treat the user experience as their number one priority. In other words, we think weâve finally put together the presentation youâve been asking for!
Â
So grab your boss, come along and hear:
Â
How widespread broadband, smart phones and social media is fracturing our attention and driving us to abandon traditional touchpoints (like stores and call centres) for emerging touchpoints (like Facebook and apps)
Why many consumers use more than one touchpoint to make a purchase, even though they are less satisfied as a result
How people are becoming less tolerant of poor service and why many organisations struggle to see it
How loyalty (not customer satisfaction or NPS) is the best predictor for revenue growth, and how you can increase it
The key to creating great user experiences â itâs Design with a capital D
Stories of New Zealand innovation â including more examples of real projects than you would have heard at any other Optimal Usability presentation
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Even if you canât get the boss to come and are already convinced about the importance of the user experience, itâll be worthwhile attending to hear the latest user experience statistics from New Zealand, Europe and the US.
Marketing Basics Guide for Small BusinessInJust5.com
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Free small business marketing basics guide. Extract from the How To Market My Small business Course: https://www.injust5.com/downloads/market-small-business-course/ Explanatory video for this resource at: https://www.injust5.com/2016/06/25/marketing-basics-small-business-free-handout/
Top Seven Risks of Enterprise Mobility - How to protect your businessSymantec
Â
Learn about the top risks associated with mobile devices in the enterprise environment and the steps you can take to mitigate these risks and protect your business
Developed by students at Stanford University, the Design Thinking approach was created to establish a new way to grow innovative products, processes and services. The Design Thinking process consists of six iterative stages which enable participants to seek flexible solutions and innovations concerning the issue they treat.
One important aspect of Design Thinking is the creation and cultivation of ideas within a well-coordinated team. Thus, the team spirit is a decisive element during Design Thinking operations and encourages to produce the best possible results. In addition to the team side of Design Thinking, a flexible and productive environment is crucial to develop inventive ideas and products. The more workable an environment, is the easier it is for employees to visualize and transmit thoughts and new concepts.
These are my notes and key take aways from TNW Conference. I made this ppt as a report for work which is one of those big corporations that don't get off so easily here ;-) Have to say I agree with most of these views though, it was good to hear a different view.
Francorp is one of the largest franchise consulting firm in the Middle East. Established in 1976, Francorp operates in more than 45 countries worldwide.
"I wish this book and Venture for America had existed when I graduated from college and wanted to make the world a better place but didn't know where to turn. Smart People Should Build Things details how we can channel our top graduates into impactful entrepreneurial opportunities while addressing our economy's biggest problems."
-Dave Gilboa, cofounder and co-CEO of Warby Parker
50 | FORBES junE 21, 2016
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scratch. Today she is cofounder and co-owner
of Thatâs Caring, which sells gift baskets tied
to a social purpose, and nuphoriq, a marketing
company that specializes in helping other cater-
ing companies. Both ventures were started with
the financial support and advice of Tom, Larry
and Kevin Walter, the three brothers who own
Tasty Catering. At last count some 11 employees
have started a dozen ventures while working
for Tasty. The spinoff companies generate a
combined $19 million in annual revenueânearly
double the parent companyâs revenue.
âTurning our employees into entrepreneurs
has provided many advantages for our busi-
ness,â Tom Walter says. âWe have created more
employment for more people, we donât lose our
W
hen Jamie Pritscher
joined Tasty Catering as
a logistics manager in
2006, she was happy to
land a job. The business,
which at the time had just under $5 million
in annual revenue, had recently moved into a
23,000-square-foot building in Elk Grove Vil-
lage, Ill., and Pritscher was one of several people
brought on to keep up with the growth. âIt was
scary,â she says, âbecause I was essentially creat-
ing my position. I had to figure out how to pay
for myself.â
Pritscher succeeded so well that she has
gone on to take advantage of the unusual culture
at Tasty to create two new businesses from
By Darren Dahl
tasty catering has won accolades for its food and its workplace culture. but its most
impressive product may be the business owners itâs grooming.
small giantsENTREPRENEURS
Jamie Pritscher told Tom
Walter (both above) she
would quit if he didnât
change the way he ran the
company.
Serving Up Entrepreneurs
F0621p050 ENT TastyCatering LO.indd 50 5/19/16 7:41 PM
52 | FORBES junE 21, 2016
neurs. The goal was to see if the employees of
even a small, blue-collar business could find the
kind of fulfillment that would get them excited
about coming to workâand sticking around.
Soon after, Tim started exploring how Tasty
could generate more revenue from its kitchen,
which sat unused 16 hours a day. Online, he
found an open request from several school
systems for 800,000 muffins that would meet
certain dietary restrictions. He submitted a bid
and won, but Tastyâs ovens werenât big enough
to handle the job. So he suggested buying new
ones that would cost $85,000.
Instead, his father and uncles decided to
invest the money in a company, T.F. Processors,
that is owned jointly by the four Walters with
Tim serving as CEO. Today it bakes muffins,
breakfast breads and cookies for private labels as
well as for Tasty, has 18 employees and generates
some $2 million in annual revenue.
Pritscher started Thatâs Caring in 2008.
Three years later she teamed up with Erin
Walter, Timâs sister, to launch nuphoriq, a
marketing agen.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
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Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
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Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
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Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
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Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
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Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, youâll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Memorandum Of Association Constitution of Company.pptseri bangash
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www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
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Cracking the Workplace Discipline Code Main.pptxWorkforce Group
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Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. Youâll also learn
⢠Four (4) workplace discipline methods you should consider
⢠The best and most practical approach to implementing workplace discipline.
⢠Three (3) key tips to maintain a disciplined workplace.
Exploring Patterns of Connection with Social Dreaming
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Paul zanepilzer
1. 88 SUCCESS FROM HOME Volume 2â Issue 9
Paul Zane Pilzer
The Age of the
Entrepreneur
The rise of the giant corporations
is rapidly slipping into the
history books as we return to our
entrepreneurial roots.
by Paul Zane Pilzer
2. Volume 2â Issue 9 SUCCESS FROM HOME 89
Paul Zane Pilzer
T
he traditional wisdom in the second half of the twentieth century was this: Go to school, get a good
education and go to work for a good company. The idea of âgoing into business for yourself â was most
often regarded as risky. Admirable, perhaps, but risky⌠and maybe a little crazy.
Today, itâs completely the other way around.
Today, itâs risky to work for a corporation!
Today, itâs far more sensible to go to work for yourself.
Weâre in the midst of a boom in home-based businesses, and it shows no sign of slowing. More than one out of
every eight U.S. households contains a home-based business. In 2000, more than 50 percent of all small firms were
home-based businesses, and they generated about 10 percent of the nationâs entire economic receipts.
Letâs look at some of the major reasons why the entrepreneur and home-based businessperson have the edge
today. New legislation and new technology have caught up with a shift in values: People want to stay home, and now
they can. In fact, now people who work from home have the edge!
The Technological Edge
When I graduated from Wharton in 1976, I went to work at Citibank, but it wasnât
because I was interested in banking. I wanted access to the best technology, and I knew
that Citibank had the biggest and best computers available.
Back then, that was the only way to have access to the best technology. Computers were
expensive mainframes owned and internally managed exclusively by large businesses,
which gave these major corporations an enormous economic advantage. With the biggest
and best computers, we decimated our competition at other banks that didnât have the
computers and were still using a paper-based banking system.
Today, the opposite is the case. Youâre more likely to find the hottest and best new
technology sitting on the desk of the individual entrepreneurâs home office! The big com-
panies just canât innovate fast enough.
Today, five of the 10 highest-valued companies in the U.S. stock market (Cisco, Micro-
soft, Intel, Oracle and Vodaphone) are companies that didnât exist 20 years ago, yet today
their combined net worth exceeds $1 trillion. What do they have in common? They are all
third-party suppliers of affordable technologies to individual users.
These leading-edge companies make tools that help the homebuilder build a home
faster; tools that help home-based businesspeople communicate, run their businesses
and distribute their products better. Remember, these are tools geared toward the indi-
vidual, not toward some big mainframe computer. Go check out the computer at a typi-
cal big corporation today: What youâll generally find is computers that are 3, 4, 5, and 8
years old.
Here is the edge the individual entrepreneur has over the large corporation: The entrepreneur has little or no
bottleneck. The technology gap in a corporation is huge. Technology is changing more rapidly than ever, and in a
large organization it is a monumental challenge to figure out how to bring in and integrate an entirely new genera-
tion of technology.
In the â70s and â80s the rule was, the bigger the company, the newer and better the technology. Today the rule is,
the bigger the company, the older and more out-of-date the technology!
Today, technology is geared toward a fast-moving, highly adaptable business climate based on the personal, one-
on-one transaction. As Dell Computers proved dramatically, itâs no longer economical to make one model and force
everyone to use it. Now, itâs more economical to produce whatever customized models individual customers want!
Tools and technology for the individual entrepreneur are now the best place to be: The best and brightest com-
panies of the world realize that the growth of America is going to be in individual entrepreneurs and one-person
or two-person businesses. The corporation has been decentralizing and dismantling itself, giving way to an envi-
ronment of independent contractors, and the tool providers know it. They want to make the tools for the biggest
market. And thatâs the individual entrepreneur.
Paul Zane Pilzer is a
world-renowned economist,
multimillionaire entrepreneur,
college professor and author
of seven best-selling books.
To learn more about Paul
Zane Pilzer, please visit
www.PaulZanePilzer.com.
3. 90 SUCCESS FROM HOME Volume 2â Issue 9
Paul Zane Pilzer
Where are the greatest opportunities
today? Even for people starting out right out
of school, the best opportunities are not to
go work for big companies (unless theyâre
the companies that make tools for individu-
als), but to go into business for themselves
as entrepreneurs.
Corporations Canât Compete
So much has changed since the days when I
entered the work force 30 years ago. Back then,
our employers told us, âWeâll always be around,
and weâll always take care of you. If youâre
loyal to us, weâll give you wonderful medical
benefits and great retirement packages.â
Year by year, weâve seen all these big-com-
pany promises disappear into thin air. Itâs not
that theyâre evil people, or that they donât
want to keep offering the ideal work environ-
ment. Itâs just that they canât: They are going
the way of the dinosaurs.
To understand why itâs now lumbering
off into extinction, letâs take a quick look at
how and why the huge corporation came
to exist in the first place. In 1931, an ide-
alistic 21-Â year-old British college student
named Ronald Coase won a scholarship to
come study in the United States. A student of
economics, he was quite excited to come to
âthe Land of the Entrepreneur,â the home of
Horatio Alger, Henry Ford and Andrew Carn-
egie, where anyone could start from scratch
and build a great company.
When he arrived, he found a land in
the midst of the Great Depression, where
everyone wanted a job with a company.
âWhy,â he wondered, âin such a great free-
market economy, in this land of opportunity,
would workers voluntarily submit to working
for someone else, when they could go into
business for themselves and sell their skills
directly to customers in the marketplace?â
In other words, why do these big companies
even exist, instead of millions and millions of
self-employed entrepreneurs?
As Coase studied this question in detail,
he found that big companies existed because
it was a far more efficient way of doing busi-
ness. The âtransaction costsâ of individuals
doing business together who werenât under
one roof were so highâwith transportation
costs, telephone expenses, correspondence
costs, postal delays, accounting and book-
keeping costs, and so onâthat the expense
would exceed their economic output. (All
these transactions were quite labor-intensive;
in the days of manual bookkeeping, for exam-
ple, it often took as much as one accountant
for every three workers simply to keep track
of billing and payment and proper categoriza-
tion of expenses.)
Because of these enormous transaction
costs, Coase predicted the rise of gigantic
vertical corporations. His paper, âThe Nature
The real risk is staying with a large organization,
because your job will probably be permanently
dismantled within a few years.
4. Volume 2â Issue 9 SUCCESS FROM HOME 91
Paul Zane Pilzer
of the Firm,â became the standard work
on the subject. Coase went on to become a
professor at the University of Chicago; 60
years later, in 1991, he won the Nobel Prize in
Economics for his famous paper.
But things have changed. Remember
expensive long-distance telephone service?
Manual double-entry bookkeeping? Expen-
sive overnight delivery? Theyâre all relics of
the past. Today, thanks to advances in tech-
nology, all of these transaction costs have
suddenly fallen to near zero.
In fact, I recently revisited Professor
Coaseâs original equations using todayâs
data, and discovered that they now point to
exactly the opposite conclusion: It is now so
much more efficient to work in very small
units that many of our large organizations
should no longer even exist. And that is
exactly what we see happening: Todayâs most
important and most viable âcorporationsâ
are those that are going virtual. Much of the
unemployment we experience today actually
represents the permanent dismantling of
many of our large corporations as they are
out-competed by smaller companies, inde-
pendent contractors and other fast-adapting,
quick-moving entrepreneurs.
Individuals have debated leaving their jobs
and becoming entrepreneurs since the first
large employers emerged in the 19th century.
In the past, this debate has always focused
on the opportunity and risk of going out on
oneâs own. Today, the real risk is staying with
a large organization, because your job will
probably be permanently dismantled within
a few years.
The Benefits
If you were a millionaire 20 years ago,
chances are good the way you made your
money was by building a business and then
selling it. Why? Because, ordinary (vs. capital
gains) income taxes were 70 and 80 percent,
and the only people who could have pen-
sion funds, 401(k) and deferred savings were
people who worked for big companies. Whatâs
more, the only people who could get health-
care coverage were those who worked for a
big company.
No longer.
Some critical changes have happened
recently in U.S. tax laws (some of which Iâm
proud to say I had something to do with).
These changes now make it possible for
you to accumulate millions of dollars with
ordinary cash flow from a home-based busi-
ness, in ways that were not available to you
beforeâif you know how to take advantage
of them. Congress has finally created a level
playing field for individual entrepreneurs by
creating tax laws that make it possible for
entrepreneurs to enjoy the same benefits of
tax-free or tax-deferred savings as employees
of corporations.
One reason many people work for large
organizations is for the medical and retire-
ment benefits. From 1944 until 2005,
employees of large companies enjoyed a
2âto-1 or better tax advantage over individu-
als when it came to paying for benefits.
This was because: (1) employees who get
free or low-cost health benefits donât have to
Today more than 50 percent of Americans work
either for themselves or for a small business.
5. 92 SUCCESS FROM HOME Volume 2â Issue 9
Paul Zane Pilzer
pay income taxes on them; (2) their employ-
ers are allowed a 100 percent tax deduction
for health benefits they provide; and (3)
the employees can defer paying taxes on
contributions their employers make to their
retirement plans.
But now, individual entrepreneurs can
actually get better health and retirement
benefits than employees of large companies.
The best health insurance available today for
most families is an individual, rather than
group, policy, because the premiums on an
individual policy cannot generally be raised
because of illness. And new Health Savings
Accounts (HSAs) give individuals the same
tax advantages as corporate employees.
Since 2003, there have been individual
health insurance policies that are both
affordable and tax-deductible for self-
employed people. Employees, on the other
hand, typically are stuck with group plans
for which the premiums are raised each
year, based on the prior yearâs claims. Such
group plans are a ticking time bomb as the
group ages.
Most people think of Individual Retire-
ment Accounts (IRAs) as small, insignificant
retirement accounts. However, beginning
2005, a working couple can contribute
$8,000 annually to an IRA, rising to $10,000
in 2008. IRAs not only allow all the benefits
of a traditional corporate retirement plan,
they also allow tax-free early withdrawals
at any age for life events such as a first-time
home purchase or the payment of health
insurance premiums while unemployed. If
you have your own business, the retirement
savings options are even better!
With a self-employed retirement account
such as a SEP IRA or a One-Person 401(k)/
Profit Sharing Plan, you can put away up to
$41,000 per yearâpretaxâand become a
millionaire in 15 years of working for your-
self as an entrepreneur. You couldnât do that
before without working for a big company.
Why did Congress change these laws and
create such wonderful incentives? They had
to. Today more than 50 percent of Ameri-
cans work either for themselves or for a
small business.
The Lifestyle
In the new economy, the sheer quan-
tity of compensation is no longer enough.
More and more, we have come to realize we
also want a certain quality of compensa-
tion, too. We donât simply want money, we
want lifestyle.
It doesnât matter how much money you
earn if you never get to see your spouse or
children. It doesnât matter how many physi-
cal possessions you have if you never get to
play with them. And it doesnât matter how
great a personal economy you create if you
donât have the health to enjoy it.
The concept of âquality of life,â which we
take for granted today, is actually a fairly
recent invention, just as is âcustomer ser-
vice,â and for exactly the same reason: the
advance of technology. Our economy and liv-
ing standards have grown to the point where
we not only expect to make a living (or com-
plete a transaction), but we also expect to
have the best possible experience living that
life (or making the transaction). âQuality of
lifeâ is the same concept as âgood customer
serviceâ extended for our entire life span!
This harkens back to the fourth and fifth
laws of economic alchemy: Technology deter-
mines demand, and demand is without limit.
Now we demand a quality of life that gives us
Individual entrepreneurs can get better health
and retirement benefits than employees of
large companies.
6. Volume 2â Issue 9 SUCCESS FROM HOME 93
Paul Zane Pilzer
not only survival, but also a depth of mean-
ing and fulfillment.
And here again, a corporate job simply canât
compete with self-employment. Make no mis-
take about it: When you start your own busi-
ness, youâre going to put in the same hours
as you did working for the corporation, if not
more. But you get to control which hours.
I work at home from a wireless laptopâin
fact, I have wireless laptop and wireless phone
access in every room of the house, so Iâm
free to go anywhere throughout my home
and be âat workâ anytime I want. I can spend
an hour with my kids at breakfast, if thatâs
important to me. I can put my hours in after
my kids are all asleep. I decide which hours
Iâm going to put in, rather than someone else
arbitrarily deciding for me.
We often talk today about the challenge of
keeping a balance between our work and our
families. Picture it like a seesaw, with work on
one end and family on the other. When youâre
constantly playing these priorities against
each other, your life swings and swings until
eventually the whole thing breaks, whether
that means losing the job, losing the family
or your health breaking down.
But if we are fortunate enough to find a
way to integrate our work into our home,
then we donât have to think about balance
between work and family so much as how we
can weave the two together.
When I was young, my father ran a small
bedspread-manufacturing business with
eight to 10 employees. The business was his
life. He worked all day and talked about it
every night at dinner. We kids worked for him
on weekends. As I look back, now I realize
that the happiest moments of my fatherâs
life were during the brief times that he had
all three of his sons working with him in
his business.
I think the loneliest businesspeople I see
today are those whose children have no idea
what they do. If you are able to teach your
children what it is you do, what it is that they
are economically dependent upon and, even
better, if they can actually see you doing it
and even participate in some meaningful
way, then this destructive and alienating rift
between work and home starts to dissolve.
There is actually something ironic about
this. The United States started out as an
agrarian nation of entrepreneurs where every-
one was a small-business person. The rise of
the giant corporation, which my generation
took for granted as the ânormalâ employment
path, is really a historical anomaly. And itâs
rapidly slipping into the history books as we
return to our entrepreneurial roots.
For more information visit
www.PaulZanePilzer.com
The greatest opportunities today are to go into
business for yourself as an entrepreneur.