Who Manages Your Energy Use?

Soon, it will be managed by others (companies).
As a student majoring in Entrepreneurship and Management, I am continually on the look-out for new and exciting fields. Reading INC. magazine, I came across and article called "Hot Times in Home Energy". Established companies like Google, GE, and Microsoft and competing with start-ups like Opower, Ecofactor and Tendril to gain a market share in the home energy management business. Ask almost any homeowner and they will agree that cutting energy usage is a good idea for the environment and the pocket.
By 2014, the global smart-grid market is estimated to be about $171 billion and many companies are racing to create relationships with energy and power providers. There will be early adopters that buy and use this technology and the break even point is still years down the road but I will be keeping my eye on this service as an option for a career, business or investment.

NEW BOOK OF INTEREST



Built To Last is a great book that researches the reasons why some companies have outperformed and outlasted other companies in a similar sector. The book provides an in depth understanding on how visionary companies create and preserve a core ideology of value, vision and purpose, while aligning the processes within the business to meet or exceed its' goals.

The visionary companies that you can learn about in Built To Last are: 3M, American Express, Boeing, Citicorp, Ford, GE, HP, IBM, J&J, Marriott, Merck, Motorola, Nordstrom, Philip Morris, Procter & Gamble, Sony, Wal-mart and Walt Disney.

If you are working in a business or running and organization, Built To Last will help you to understand how you can create consistent, sustainable ideology and use the correct processes to make your visionary company or organization.

NATURE OR NURTURE?


Malcolm Gladwell, in Outliers: The Story of Success, talks about how the surroundings of a successful man or woman is just as important as the genes that are acquired at birth. Gladwell provides us with a quote that many biologists use when talking about ecology:

"The tallest oak in the forest is the tallest not just because it grew from the hardiest acorn; it is the tallest also because no other trees blocked its sunlight, the soil around it was deep and rich, no rabbit chewed through its bark as a sapling, and no lumberjack cut it down before it matured."

This phrase opened my eyes to the importance of surrounding one's self with people and an environment that is conducive to success. Make sure you limit the exposure to the people and the environments that hinder you from reaching your full potential.

NEW BOOK OF INTEREST


I am an active member of The Can Do Society (www.candosociety.org). Just one activity of the Can Do Society is a book club and this month we are reading Outliers by Malcolm Gladwell. In Outliers Maxwell tries to explain why some people succeed far more than others. Gladwell argues that the true story of success is very different, and that if we want to understand how people succeed, we should spend more time looking around them. Success is not only the intelligence and ambition of a man or woman, but such things as their family, birth date and sequence of activities.

Hi, everybody; this is a message about a situation you may find yourself in from time to time: running into an independent business owner (IBO) from another line of sponsorship. You may not think anything of it when it happens, and you may want to have a friendly chat with the IBO about their experiences in the business, but these kinds of meetings are actually a bit more complicated than that.

Did you know that the rules of conduct prohibit IBOs from soliciting, interfering with, or attempting to suggest – directly or indirectly – that another IBO switch to another sponsor or line of sponsorship? That's right, if somebody is already registered as an IBO, they are not fair game to sign with you. If it even appears that you have tried to entice them to your business, their upline may take up the issue with the rules department. So to ensure that there's not even the appearance of such behavior, it's a good idea to not talk to IBOs from other line of sponsorships about how their business is going. And, of course, don't discuss with them how you're doing with your business.

Simply recognize that the other IBO probably has similar goals and aspirations as you and is working hard just like you, but happens to be doing it in a different line of sponsorship. Be glad that they're out there spreading the word about what a great business this is, wish them well, and move on.

LOST GENERATION

Check out this very motivational video. What are your opinions? What is this video trying to convey?


In the Wednesday, September 23rd issue of the Wall Street Journal, Andy Steggles of www.HigherLogic.com wrote a valuable article about the risks of social network. The internet has been a good place to educate customers about various companies, but keep in mind that social networks can also cripple a company very quickly. You must have someone in the company that is keeping a close eye on what people are saying on social networks such as Facebook and Twiiter. A top prioriety of every company should be protection. If you find that someone is displaying negative press about your company, you must act quickly to squash the damage that is being done. Andy Steggles provides us with a good example of an unhappy airline customer, who wrote a song about how this particular airline broke his guitar:


This is truly an amazing example of how social networks could hurt a company. This video has had nearly 6 million hits on YouTube and the song is also available on iTunes!