life

Don't Look Back in Business

Harvey Mackay by by Harvey Mackay
by Harvey Mackay
Harvey Mackay | October 15th, 2018

A farmer famed for his agricultural knowhow once hired a neighbor's teenage son to help him do the spring plowing. The farmer believed in letting people do their work without undue supervision, so he placed the boy on the tractor and went over the hill to work on another field. Anxious to plow straight furrows, the inexperienced teenager kept looking over his shoulder to check how he was doing.

Despite this precaution, he was dismayed to find that by the time he reached the edge of the field, the row he was plowing was noticeably crooked. He tried and tried, but he was unable to keep the rows straight.

When the farmer came back to see how the young man was doing, he instantly saw what was the problem. Taking the boy aside, the farmer told him in a calm voice, “You can't plow a straight row if you continually look back. You must keep your eyes focused straight ahead. And always remember where you've been.”

So it is with a lot of important tasks in life -- don’t just look back; instead focus on the future. Our eyes are in front of our heads because it is more important to look ahead than to look behind.

Satchel Paige, one of the greatest baseball pitchers of all time, was asked by a writer for Collier’s magazine about his philosophy of life since he seemed ageless. One of them was “Don’t look back. Something might be gaining on you.”

I don’t know of a single company that doesn’t hope to be in business beyond the end of the day. That’s why planning and goal-setting are such important activities. An organization that doesn’t take those jobs seriously has already doomed its own future.

Whether you hope to start your own business, aspire to advance in the organization you currently work for, or just want to support your employer’s success the best you can, understanding how a business grows and survives is a critical skill. These factors influence your fortunes and your organization’s growth over the long haul. Pay close attention to them.

Trust -- Whatever your role, concentrate on keeping your word and living up to your values. Customers and co-workers want to know they can depend on you. Management takes notice of and values trustworthiness above just about every other trait. You also need to be aware of your organization’s trustworthiness as perceived by customers and vendors.

Decisiveness -- Learn to make decisions promptly instead of waiting for every last piece of data. An imperfect decision that you can correct later is usually preferable to a right answer that comes too late. Every decision you make could potentially affect your organization’s future.

Competition -- Study your market and get to know everything you can about other players in your industry. You don’t want to be caught off guard by a rival’s new idea, and you don’t want to always be on the defensive against what the competition is up to.

Records -- Be meticulous in documenting your activities. Good records help you preserve ideas, establish your credibility, and prove your point when the facts aren’t clear. This applies to finances, employees, ideas and everything else you and your organization are responsible for.

Network -- Build relationships and connections with a wide variety of people in and out of your industry. Your network can be a source of ideas, employees and advice, but it can take time to build up. Take advantage of any opportunity to meet new people who can help you and whom you can assist in return. As I like to say, “Dig your well before you’re thirsty.” The time to establish a network is before you need it. And in the future, you will in all likelihood need to turn to your network for a variety of issues.

Patience -- Concentrate on incremental progress, not blockbuster victories. Establishing a habit of slow but steady success will build everyone’s confidence and minimize risk. Overnight successes almost never happen overnight; they are usually the result of months or years of hard work.

Learning from the past is perhaps the best way to prepare for the future. Always remember where you’ve been.

Baseball “philosopher” Yogi Berra offered a memorable observation about the nature of the future. Having witnessed the extraordinary progress of a rookie just breaking into the major leagues, Yogi remarked: “His future is ahead of him.”

Mackay’s Moral: The person who does not look ahead remains behind.

life

The Importance of Memory

Harvey Mackay by by Harvey Mackay
by Harvey Mackay
Harvey Mackay | October 8th, 2018

American mathematician Norbert Wiener had a reputation for being a little absent-minded. According to one story, when his family moved to a new Massachusetts home, his wife insisted on supervising every detail of the move because she couldn’t depend on Wiener to remember the important details -- like their new address.

Wiener went to work on the day of the move with a piece of paper his wife had given him; on it was written his new address. During the course of the day, he used the paper to work out an equation and then discarded it. At the end of the day, Wiener returned home to his old address, now an empty house.

At the door, he suddenly remembered that his family had moved, but he had no idea where his new home was. Spotting a little girl riding her bike down the street, he called out, “Excuse me, I’m Professor Norbert Wiener, and I’ve just moved. Would you by any chance know what my new address is?”

The young girl replied, “Hi, Daddy! Mom said you’d forget.”

The good news is that, even if your memory is better than Professor Wiener's, it can still be improved. There are many ways that you can train yourself to have a better memory.

Like every other skill, it takes practice and a commitment to get better. Many of my friends think my memory is terrific, but they don’t know my tricks. Like most people, I forget 50 percent of what I hear within hours, so I make a point of writing things down.

I also have a special phone dictation line at my office. I can call it 24 hours a day, seven days a week and leave all sorts of messages, letters, notes and so on. And I don’t go anywhere without my iPhone, paper and pen. I am constantly writing myself notes and leaving them where I can find them. I’ve been known to put notes on my steering wheel and dash in my car, on my office chair and phone at work. I put them on the floor by my bed so I see them when I wake up in the morning, on my bathroom mirror or in my sink.

Name association is another arrow in my quiver. When I meet someone and want to remember their name, I associate names of other famous people with the same names and repeat them over and over to myself. Similarly, to help me with phone numbers, I think about how I can connect the number to a significant date or event. Repetition aids retention. I repeat things over and over, which helps me remember names, phone numbers and key statistics. Also, I’ve learned that if I write things down enough, I will remember them.

A study by UCLA researchers found that older people can improve their brain function after just 14 days of following some simple, healthy lifestyle strategies. Incorporating healthful food, physical activity, stress reduction and memory exercises seems to help improve cognitive function.

Here are some of the health strategies participants worked into their daily routines:

-- Memory exercises, such as crossword puzzles and brain teasers were worked on throughout the day.

-- Five small meals a day in order to prevent drops in blood glucose levels, because glucose is the main source of energy for the brain. Participants also ate diets rich in omega-3 fats, antioxidants and low glycemic carbohydrates like whole grains.

-- Daily relaxation exercises to prevent the release of cortisol, a hormone that can impair memory and damage memory cells.

-- Daily walks.

Up until about 10-15 years ago, it was believed that we were born with a fixed number of brain cells that eventually died out. Now scientists know that brain cells regenerate throughout our lives. And one thing seems clear: To keep the sharpest memory you can for as long as you can, get moving. Aerobically, that is. Studies have shown that people who engage in aerobic exercise perform better cognitively and show increased brain volume. In another study, participants who exercised showed lower rates of dementia. That’s because exercise actually encourages neuron generation in the part of the brain that processes memories.

Back to the absent-minded professor. Wiener once observed to a colleague, “People attach much too much importance to memory.”

“I disagree,” said his colleague.

“Disagree with what?” asked the professor.

Mackay’s Moral: Pale ink is better than the most retentive memory.

life

Going at Full Sale

Harvey Mackay by by Harvey Mackay
by Harvey Mackay
Harvey Mackay | October 1st, 2018

A small business owner was in trouble. She decided to call in an expert sales consultant to give her an outsider’s viewpoint. After she had gone over her plans and problems, the business owner took the consultant to a map on the wall where she had stuck brightly colored pins where she had a salesperson.

“Now,” she asked, “for a starter, what is the first thing we should do?”

“Well,” replied the consultant, “the first thing is to take those pins out of the map and stick them in the salespeople.”

Ouch! This business owner never learned the basic lesson: It’s not how many salespeople you have, it’s how many sales your people make.

At MackayMitchell Envelope Company, we have a formal sales force, but I live by the motto that every employee we have is in sales. They all represent our company and impact our customers.

Sales is the lifeblood of all business. There are no companies unless someone brings in the business. So, short of sticking pins in them, how do you fire up your salespeople?

One of the most effective incentives I’ve used over the years is crisp, crunchy, crackly, cold, hard cash. Money remains a prime motivator, but there are many others.

Recognition promotes results. At MackayMitchell Envelope Company, we recognize our employees with tickets for sporting events, theater, symphony concerts and dinners. We like to celebrate our employees’ accomplishments.

I make a point of recognizing people in front of their peers. Why not give others something to strive for and show them how you value good performance? Ever meet a person who didn’t like recognition? No way.

Promote successes. We have a large bell at our company, and any time we get a big order, our sales reps can’t wait to ring it loud and proud. People come out of their offices and want to know about the sale and get excited to match or better it.

Another key ingredient in motivating a sales force is learning how people want to be managed. No two people are alike. You need to get in the face of some people and give a lot of slack to others. Some like to be challenged; others are self-starters. Get in the trenches and learn more about your team’s skills.

Continue to train and educate your sales team. You don’t learn everything in school -- you learn all your life. I’m a big believer in continuous education. If one of our people learns a new sales technique, we ask them to share it with the team so we can all benefit.

We’re always brainstorming and experimenting. Sometimes things don’t work out, and sometimes they do. You can’t punish people for making mistakes, as long as they don’t make the same mistake three times.

Finally, you must allow your sales force to focus on selling. Let them do what they do best and help them in any way possible with great marketing materials. Lighten their load by requiring them to fill out fewer reports or work flexible schedules to meet their customers’ needs.

Columnist Ben Holden tells the story of a newly hired traveling salesman named Gooch who wrote his first report to the home office. It stunned the brass in the sales department because it was obvious the new man was illiterate. He wrote:

Dear Bos: I have seen this outfit which ain’t never bot a dimes worth of nothing from us, and I sole them a couple hunerd thousand dollars of guds. I am now going to Chicawgo.”

Before Gooch could be given the heave-ho by the sales manager, this letter came from Chicago: “I cum hear and sole them haff a millyon.”

Fearful what would happen if he did or did not fire the Gooch, the sales manager dumped the problem on the president. The following morning, both letters were posted on the bulletin board with the following memo from the president:

“To All Salespeople: We ben spending two much time trying to spel instead of trying to sel. Let’s watch those sails. I want everybody shud reed these leters from Gooch, who is on the rode doin a grate job for us, and you shud go out and do like he done.”

Mackay’s Moral: Do a sales job on your sales force to promote stellar sales.

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