Advertising
Advertising

Book Review: Small Business Answer Book

Book Review: Small Business Answer Book

    A book review by Reg Adkins. Small Business Answer Book (John Wiley & Sons, Inc. 2003), by Courtney Price.

    Since 1997 Courtney Price has written at least 5 books. Most of the books deal with business and management.

    Advertising

    If you are well established and profitable in your business this book probably is not for you. But, if you have yet to make the leap to join the growing number of entrepreneurs or you are a fledgling business owner this is a good place to start.

    I particularly liked the third chapter of the book which examines the advantages and pitfalls of buying and existing business. This chapter breaks out a list of what danger signals to look for when buying a business.

    Advertising

    1. Inadequate market potential.
    2. Serious competitive problems.
    3. Technological problems (for example a company that makes 78 rpm records would be technologically obsolete in all but the most narrow niche markets).
    4. Disadvantageous cost characteristics (an example would be if a competitor has a distinct cost advantage over you, like he not only sells the item but manufactures it as well).
    5. Seller backing out (this is particularly the case when you are negotiating to buy a family owned business that the owner has significant emotional investment in).

    Price also does a fair job of pointing you in the right direction to look if you are interested in buying a business. There is nothing earth shattering or particularly creative about it. It is just a list of sources you may have considered anyway. The benefit being the list is already compiled in one place for you.

    My favorite part of the book is the 12 page appendix. It does a good job of compiling a list of many of the small business resources you may need.

    Advertising

    All in all, if you have just started, or are getting ready to start a new business this book is worth the $15.00. If you are well established and already profitable, buy your spouse a box of chocolates instead.

    Reg Adkins writes on behavior and the human experience at (elementaltruths.blogspot.com).

    Advertising

    More by this author

    5 Tips for Empathetic Listening Book Review: You Were Born Rich Cyber Stalking Becoming a Great Leader Motivating Others: Becoming a Great Leader #2

    Trending in Lifehack

    1 What Everyone Is Wrong About Achieving Inbox Zero 2 13 Common Life Problems And How To Fix Them 3 How to Stop Procrastinating: 11 Practical Ways for Procrastinators 4 How to Be Your Best Self And Get What You Want 5 How to Be Confident: 62 Proven Ways to Build Self-Confidence

    Read Next

    Advertising
    Advertising
    Advertising

    Last Updated on July 8, 2020

    What Everyone Is Wrong About Achieving Inbox Zero

    What Everyone Is Wrong About Achieving Inbox Zero

    Ah, Inbox Zero. An achievement that so many of us long for. It’s elusive. It’s a productivity benchmark. It’s an ongoing battle.

    It’s also unnecessary.

    Don’t get me wrong, the way Inbox Zero was initially termed is incredibly valuable. Merlin Mann coined the phrase years ago and what he has defined it as goes well beyond the term itself.[1]

    Yet people have created their own definition of Inbox Zero. They’re not using it with the intent that Mann suggested. Instead, it’s become about having nothing left in immediate view. It’s become about getting your email inbox to zero messages or having an empty inbox on your desk that was once filled with papers. It’s become about removing visual clutter.

    But it’s not about that. Not at all.

    Advertising

    Here’s what inbox zero actually is, as defined by Mann:

    “It’s about how to reclaim your email, your atten­tion, and your life. That “zero?” It’s not how many mes­sages are in your inbox–it’s how much of your own brain is in that inbox. Especially when you don’t want it to be. That’s it.” – Merlin Mann

    The Fake Inbox Zero

    The sense of fulfillment one gets from clearing out everything in your inbox is temporary at best, disappointing at worst. Often we find that we’re shooting for Inbox Zero just so that we can say that we’ve got “everything done that needed to be done”. That’s simply not the case.

    Certainly, by removing all of your things that sit in your inbox means that they are either taken care of or are well on their way to being taken care of. The old saying “out of sight, out of mind” is often applied to clearing out your inbox. But unless you’ve actually done something with the stuff, it’s either not worth having in your inbox in the first place or is still sitting in your “mental inbox”.

    You have to do something with the stuff, and for many people, that is a hard thing to do. That’s why Inbox Zero – as defined by Mann – is not achieved as often as many people would like to believe. It’s this “watered down” concept of Inbox Zero that is completed instead. You’ve got no email in your inbox and you’ve got no paper on your desk’s inbox. So that must mean you’re at Inbox Zero.

    Advertising

    Until the next email arrives or the next document comes your way. Then you work to get rid of those as quickly as possible so that you can get back to Inbox Zero: The Lesser again. If it’s something that can be dealt with quickly, then you get there. But if they require more time, then soon you’ve got more stuff in your inboxes. So you switch up tasks to get to the things that don’t require as much time or attention so that you can get closer to this stripped down variation of Inbox Zero.

    However, until you deal with the bigger items, you don’t quite get there. Some people feel as if they’ve let themselves (or others) down if they don’t get there. And that, quite frankly, is silly. That’s why this particular version of Inbox Zero doesn’t work.

    The Ultimate Way to Get to Inbox Zero

    So what’s the ultimate way to get to Inbox Zero?

    Have zero inboxes.

    The inbox is meant to be a stop along the way to your final destination. It’s the place where stuff sits until you’re ready to put it in the place where it sits until you’re ready to deal with it.

    Advertising

    So why not skip the inbox altogether? Why not put it in the place where it sits until you’re ready to deal with it? Because that requires immediate action. It means you need to give the item some thought and attention.

    You need to step back and look at it rather than file it. That’s why we have a catch-all inbox, both for email and for analog items. It allows us to only look at these things when we’re ready to do so.

    The funny thing is that we can decide when we’re ready to without actually looking at the inbox beforehand. We can look at things on our own watch rather than when we are alerted to or feel the need to.

    There is no reason why you need an inbox at all to store things for longer than it sits there before you see it. None. It’s a choice. And the choice you should be making is how to deal with things when you first see them, rather than when to deal with things you haven’t looked at yet.

    Stop Faking It

    Seeing things in your inboxes is simply using your sight. Looking at things in your inbox when you first see them is using insight.

    Advertising

    Stop checking email more than twice per day. Turn off your alerts. Put your desk’s inbox somewhere that it can be accessed by others and only accessed by you when you’re ready to deal with what’s in it. Don’t put it on your desk – that’s productivity poison.

    If you want to get to Inbox Zero — the real Inbox Zero — then get rid of those stops along the way. You’ll find that by doing that, you’ll be getting more of the stuff you really want done finished much faster, rather than see them moving along at the speed of not much more than zero.

    More Productivity Tips to Get Organized

    Featured photo credit: Web Hosting via unsplash.com

    Reference

    [1] Merlin Mann: Inbox Zero

    Read Next