This does not add up?

November 26, 2008

The total on the whole bailout package is up to 8 TRILLION DOLLARS. Wow! Now lets briefly go over what has caused this to happen. Here are just the few;

- Bad Mortgages 

- Bad Unsecured Debt

- Corporate Debt that can no longer be written off.

So you see that the bases of the Crisis  is bad debt and consumers spending money that they do not have. 

Here’s my point, all week the US Government is discussing options to ALLOW and LOOSEN up qualifications for the general public to be able to obtain loans for auto, homes, and personal. WHAT! This is just flat out the most ridiculous decision! Like Jim Cramer said, “THEY KNOW NOTHING”!

How bout this;

- Tighten up on credit spending. (Our economy should not successful due to debt, but because of assets).

- Establish a third party handling the spend for corporate companies to control the bailout spending.

- Revamp the Sarbanes Oxley

That is just a start. Hope you can some what agree with this. Thank you for your time!

Joe Sobieck

Introduction to Balance Scorecarding…

November 25th, 2008

Today I am going to Introduce Balance Scorecarding, which is one of many theories to effective strategic planning and management. 

The Balance Scorecard was introduced by Dr. Robert Kaplan and David Norton in the early 1990’s as a performance measurement framework that added strategic non-financial performance measures to traditional financial metrics to give managers and executives a more ‘balanced’ view of organizational performance.

Top Tips for Effective Business Planning and Strategy Management.

November 23rd, 2008

 

As all of you  are aware of todays economic situation has pushed a major focus on business planning and strategic management. Below are some of my top tips for effective business planning. 

     1. Clearly define your business idea and be able to succinctly articulate it. Know your mission.

     2. Examine your motives. Make sure that you have a passion and focus for the objective at hand.

     3. Be willing to commit to the hours, discipline, continuous learning and effective communication to execute the objective.

     4. Conduct a competitive analysis in your market, including products, prices, promotions, advertising, distribution, quality, service, and be aware of the outside influences that affect your business. Market analysis and research is vital, and should be taken seriously.

For further assistance for business planning and strategy management please keep following this site or feel free to contact me at jsobieck@gmail.com.

 

Thank you for your time.

Joe Sobieck

Your most valued asset for your business…

Are you looking to grow? 

Hello! 

I am Joe Sobieck, and I thank you for taking the time in looking at what I have to offer to help your business grow. This is going to be brief, informative and to the point. 

What do I offer to you? 
Execution of Business Development, Strategic Performance Management, Business to Business Sales, Online Marketing and Branding through Social Media Marketing. 
Within that, I am offer an accumulative of 40 hours a month of my time. That would include; individual time for my responsibilities, meetings with your company to execute the objectives and plans. I am extending an offer of 24/7 customer support via phone, email, or skype to cater to any questions that your company may have. 

What business am I looking to work with? 

My prices are based for small to medium businesses. If you are a corporation I do have plans for to cater to those needs. I am flexible in any industry, product or service. I have a base of business fundamentals and execution strategies that have a success rate and results averaging 90% for any business. 
If you are at all interested, please feel free to contact myself at 320-828-1630 or at jsobieck@gmail.com to discuss a qualified fit, credentials, and questions. 

Thank you kindly for your time and have a wonderful day! 

Respectfully, 

Joe Sobieck

Do You Run Your Small Business or Does it Run You?

November 18th, 2008

I have come across a great five question quiz to know how effectively your business is efficiently running. The link is below from Score.org. 

     It is important to understand how efficiently your business is operating. If you are feeling that your business is pulling you in every direction, then it is time to step back and look at how strong the planning and strategy of the company. It like, “are you walking the dog or is the dog walking you”? Taking even a couple of hours a week to laying out tasks to work “in” the business and tasks for “on” your business will save you hours of stressful situations wondering what to execute.

     The link below will help you define how effectively your ownership skills are being implemented.

http://www.score.org/cgi/quiz.cgi?quiz=internet_do_you_run_your_small_business_quiz

 

Thank you for your time! Look for more tools for effective business development.

Joe Sobieck

Starting your Strategic Planning?

November 18th, 2008 

When starting to create your Business Plan or Strategy, the planning should follow your Organization’s; Mission, Value and Vision (MVV).

Your MVV is actually the ground work and first steps of any planning for your Organization. It is allows an Organization to set the tone, purpose, and core values. MVV is also integrated into Organization’s Training to establish an employee’s mind set, how to conduct itself, and understand the direction. Below is a brief outline in creating a Mission, Value and Vision.

Mission;

1. Should establish a strong sense of organizational identity and purpose

2. When wording the mission statement, consider the organization’s products, services, markets, values, and concern for public image.

3. The statement should clearly separate the organization from all other organizations and competition.

 

Value;

1. Values represent the core priorities in the organization’s culture.

2. Values are increasingly important in strategic planning, often driving the intent and direction.

3. Establish four to six core values from which the organization would like to operate. Consider values of customers, shareholders, employees and the community.

 

Vision;

1. This is your time to briefly outline the big picture of the organization.  Example; Who we are, What we do, and Where we are headed.

2. Creating the value is setting up the long term direction.

 

Keep looking for more on strategic planning tips. Thank you for your time.

Joe Sobieck

Pros and Cons of a Diversified Portfolio

November 17th, 2008

Having a diversified portfolio is having many stocks from different industries and creating security in your portfolio or 401k. Here are a cumulative of pros and cons I have put together to consider diversifying your portfolio.

Pros

1. One or a few poorly performing stocks do not significantly reduce the overall portfolio performance.

2. It requires less active management, with fewer buy and sell decisions, and attendant lower costs.

3. Performance is highly correlated with broad indices, either market or sector, and thus does well in a general up market.

4. Performance will be no worse than the broad market or index.

Cons

1. An excellently performing stock does not significantly improve the performance of the portfolio, and thus large potential gains are missed.

2. Performance is highly correlated with the broad market or sector, and thus does poorly in a down market.

3. Performance will not be better than the broad market or index.

 

Thank you for your time.

Where do you find positive in this mess?

Novemeber 10th, 2008

 

I am not kidding. This is a snap shot of this mornings front page of www.cnbc.com. Where do you find positive in the headlines below?

 

 

Cnbc.com Front Page on November 10th, 2008

Why is the economy weak when Americans are being some what responsible?

November 6th, 2008

 

Today I am proud for the American Consumer. People are being consurvative with their spending. It may not because of personal choice. Could be factors of possibly losing their job or because debt has caught up to them. Either way, I hope this continues for the next year. In the next year, even if 25% of Americans managed their finances properly, I believe that the economy could be stronger than it has in the past 15 years. I am pretty embarassed that the strength of the economy is based upon credit and over spending. In a year we could all figure out a happy balance and will would actually see some consistancy for the economy. Which I could say I have never really seen in my life time.

Downside for the time being; unemployment rates rising, stock market sell-offs continuing and etc. I am not afraid of the unemployment factors due to the simple fact that there are all ways industries need experts and there will all ways be some sort of work to ride out the hard times. Also, I am an individual that sees opportunity in any crisis. The reason that unemployment is so scary, is for those who have their paychecks racked up in overspending and debt. 

This is a necessary, and I am sorry for those who have had to become a victim of the Economy Crisis. You can all prevail because you are an American. Americans need to keep the momentum going day in and day out, and being able to be successful in any situation. United We Stand! 

 

Thank you for your time,

Joe Sobieck