The Famous Entrepreneur, JC Hall, of Hallmark Cards

8 08 2010

JC Hall was the ultimate entrepreneur!  Three of his
many great qualities made him famous, and may
be applicable to entrepreneurs worldwide!      

JOYCE CLYDE HALL was born in 1891 in David City, Nebraska.  He did not like his name, so he changed it to
JC Hall.  He overcame both poverty and a lack of formal education and became a wealthy man, but profit was never foremost in his thoughts.

JC’s three famous qualities include: 

1) He focused on quality – in his autobiography, he wrote, “If a man goes onto business with only the idea of making a lot of money, chances are he won’t.  But if he puts service and quality first, the money will take care of itself.  Producing a first-class product that is a real need is a stronger motivation for success than getting rich!”

JC was always hands-on, until he stepped aside as CEO.  No greeting card ever reached the market without his “OK.”  His creed was, “good taste is good business” and this quality in their service and their product is what set Hallmark cards apart from their competition.  He used to say, “I’m hell-bent on quality!”

2) He made things happen – in the early 1900’s no one else had stepped forward with a downtown renewal plan for Kansas City, where he had moved to start his business.  So JC developed one.  He said, “I just don’t like to sit around and wait for something to happen, it is more fun making it happen!” This attitude is what led Hallmark to invent modern wrapping paper, later branch into a television network and E-Cards and constantly grow and change their business.  Hallmark’s business grew even during the Great Depression, which the company survived without laying off a single worker. This was because Hallmark employees agreed to take a pay cut so that no one would lose their job.

3) He demanded excellence of himself and others – JC considered himself a man who had achieved success primarily because he had worked harder than others.  From the age of eight JC had many jobs, most in sales, including selling perfume to neighbors and clerking in his older brother’s bookstore after school.  At 16, JC and his two older brothers pooled their money and opened the Norfolk Post card Company.  He dropped out of school at 18.  He filled two shoeboxes full of post cards, left his family behind and boarded a train for Kansas City, Missouri.  After 11 years of hard work in Kansas City, his brothers who had eventually moved there to join him, formed Hall Brothers, Inc.  Eventually it became today’s Hallmark.

JC’s entrepreneurial qualities turned his company into the world’s largest greeting card company today.

One other interesting fact: JC Hall retired in 1966 and spent his retirement in efforts to revitalize the Kansas City downtown area. One of the results was the Crown Center, a combination of business/shopping district surrounding the Hallmark International Corporate Headquarters. He died in 1989 in Kansas City at the age of 91.

There’s nothing like seeing a greeting card with the familiar Hallmark logo in the day’s mail!   

What a great story, as presented by Lisa von Marschall at the YES941 Social Network Meeting.  





Ducks Quack–Eagles Soar

1 05 2010
No one can make you serve customers well…that’s because great service is a choice.
Harvey Mackay tells a wonderful story about a cab driver that proved his point.
He was waiting in line for a ride at the airport.  When a cab pulled up, the first thing Harvey ntoiced was that the taxi was polished to a bright shine.  Smartly dressed in a white shirt, black tie, and freshly pressed black slacks, the cab driver jumped out and rounded the car to open the back passenger door for Harvey.  He handed my friend a laminated card that said:  ‘I’m Wally, your driver.  While I’m loading your bags in the trunk, I’d like you to read my mission statement.’
Taken aback, Harvey read the card.  It said:
Wally’s Mission Statement:  To get my customers to their destination in the quickest, safest and cheapest way possible in a friendly environment.
This blew Harvey away–especially when he noticed that the inside of the cab matched the outside–spotlessly clean!
As he slid behind the wheel, Wallysaid, ‘Would you like a cup of coffee?  I have a thermos of regular and one of decaf.’  My friend said jokingly, ‘No, I’d prefer a soft drink.’  Wally smiled and said, ‘No problem.  I have a cooler up front with regular and Diet Coke, water and orange juice.’  Almost stuttering, Harvey said, ‘I’ll take a Diet Coke.’  Handing him his drink, Wally said, ‘If you’d like something to read, I have The Wall Street Journal, Time, Sports Illustrated, and USA Today.’
As they were pulling away, Wally handed my friend another laminated card, “These are the stations I get and the music they play, if you’d like to listen to the radio.’
And as if that weren’t enough, Wally told Harvey that he had the air conditioning on and asked if the temperature was comfortable for him.  Then he advised Harvey of the best route to his destination for that time of day.  He also let him know that he’d be happy to chat and tell him about some of the sights or, if Harvey preferred, to leave him with his own thoughts…
‘Tell me, Wally,’ my amazed friend asked the driver, ‘have you always served customers like this?’  Wally smiled into the rear-view mirror.  ‘No, not always.  In fact, it’s only been in the last two years.  My first five years driving, I spent most of my time complaining like all the rest of the cabbies do.  Then I heard the personal growth guru, Wayne Dyer, on the radio one day.  He had just written a book called You’ll See It When You Believe It.  Dyer said that if you get up in the morning expecting to have a bad day, you’ll rarely disappoint yourself.  He said:
“Stop Complaining!  Differentiate Yourself From Your Competition.  Don’t be a duck.  Be an Eagle.  Ducks Quack and Complain.  Eagles Soar Above the Crowd.”
 
‘That hit me right between the eyes,’ said Wally.  ‘Dyer was really talking about me.  I was always quacking and complaining, so I decided to change my attitude and become an eagle.  I looked around at the other cabs and their drivers.  The cabs were dirty, the drivers were unfriendly, and the cutomers were unhappy.  So I decided to make some changes.  I put in a few at a time.  When my customers responded well, I did more.’
‘I take it that has paid off for you,’ Harvey said.
‘It sure has,’ Wally replied.  ‘My first year as an Eagle, I doubled my income from the previous year.  This year I’ll probably quadruple it.  You were lucky to get me today.  I don’t sit at cabstands anymore.  My customers call me for appointments on my cell phone or leave a message on my answering machine.  If I can’t pick them up myself, I get a reliable cabbie friend to do it and I take a piece of the action.’
Wally was phenomenal.  He was running a limo service out of a Yellow Cab.  I’ve probably told that story to more than fifty cab drivers over the years, and only two took the idea and ran with it.  Whenever I go to their cities, I give them a call.  The rest of the drivers quacked like ducks and told me all the reasons they couldn’t do any of what I was suggesting.  Wally the Cab Driver made a different choice.  He decided to stop quacking like ducks and start soaring like Eagles.
How about us?  Smile, and the whole world smiles with you…  The ball is in our hands!
A person reaps what he/she sows.  Let us not become weary in doing good, for at the propler time we will reap a harvest if we do not give up…  Let us do good to all people.
Ducks Quack, Eagles Soar.
Have a nice day, unless you already have other plans.
SORROW looks back, WORRY looks around, and FAITH looks UP…  BECAUSE OF FATHER’S LOVE, I AM CHANGED!!!
“Life isn’t about waiting for the storm to pass.
It’s about learning to dance in the rain.”
“Ducks Quack–Eagles Soar” was sent to me, author unknown, but I liked it so much that I wanted to share it with all of my Entrepreneur friends!  Please add your Comments in the Comment Section below!




Heads Up AFFILIATES: Will Your State Kill Your Business with the Nexus Tax?

8 04 2010

Heads Up Affiliates!  Colorado just killed thousands of small businesses whose revenues are based on Affiliate sales.  Colerado follows on the tail of three other states with similar laws already in place, and 14 more states gearing up.  If you are an Affiliate, or you run an Affiliate program, you need to know how this Affiliate Nexus Tax can do serious damage to your business, maybe even kill it all together.

Amazon first to fight back…

You are going to be shocked at what John Paul Micek discovered and how much you really are at risk.  Click here to get the full scoop…





What Is Twitter and How Can It Help Entreprenuers?

16 02 2010

Jaszy McAllister Presents Twitter

Social Networks are being presented by members of YES941 (Young Entrepreneurs of Sarasota), and most recently Jaszy McAllister of Modern Hippie Mag presented information about the Social Network, Twitter, and how Twitter can help Entrepreneurs. 

A) What is Twitter?

Twitter is one of the fastest growing Social Networks. It is a real-time short messaging service that works over multiple networks and devices.

Launched in March of 2006, Twitter is a privately funded startup based in San Francisco, CA.  

Jack Dorsey, an American software architect and businessperson, created Twitter.   Business Week called him one of technology’s “best and brightest.”  MIT’s Technology Review named him in the TR35, an outstanding innovator under the age of 35.  Check out the following link at http://en.wikipedia.org/wiki/Jack_Dorsey
He was inspired by LiveJournal and AOL Instant Messaging.

B) How does Twitter work?

One must create an account, but it only takes minutes. It is free to join. Simply complete a profile, including uploading a picture. Link the newly created account to a cell phone, web page, or instant messenger program, which allows the user to receive and send messages to and from others. An update that is sent to friends is called a “tweet.”
Twitter works in countries all around the world, and people are able to:

  • Follow the sources most relevant to them – either by industry, special interest groups, etc.
  • Access information via Twitter as it happens—from breaking world news to updates from friends.

C) Twitter is:

  • Simple real time communication
  • Twitter asks one question, “What’s happening?”
  • Answers must be under 140 characters in length and can be sent via mobile texting, instant message, or the web.

D) How Can Twitter Help You Grow Your Businesses?

  • helps businesses stay connected to their customers
  • use it to quickly share information with people interested in your company
  • gather real-time market intelligence and feedback
  • build relationships with customers, partners and other people who care about your company
  • use Twitter to tell a company (or anyone else) that you’ve had a great—or disappointing—experience with their business, offer product ideas, and learn about great offers.
  • direct access to employees and a way to contribute to your company
  • Twitter works well as an opinion poll.
  • Twitter breaks news faster than other sources, especially if the news impacts online denizens
  • Twitter brings great minds together, and gives you daily opportunities to learn, if you look for it, and/or if you follow the right folks.
  • Twitter helps with business development, if your prospects are online
  • Twitter can augment customer service.

Some Twitter Key Terms:

Following – Your circle or community
Tweet – Your message
Re-Tweet – forwarding received messages to followers @username (Identity)
DM – direct message or replies

If you missed the presentation, you can watch Jaszy’s actual presentation on YouTube:  YouTube – How Can Twitter Help Your Business

Twitter is one of the Social Networks which are the new way of communicating and staying in touch with your family, friends, customers and associates.





How To Turn Business Failure Into Business Success

4 02 2010

John Greer, Founder/Facilitator of YES941 says that according to Dun & Bradstreet statistics, 88.7% of all “business failures” are due to “management mistakes;”  and that while there are no guarantees, the chances of Business Success are greatly improved by following ten guidelines.

The following list summarizes the twelve leading management mistakes that lead to business failure:

  1. Going into business for the wrong reasons
  2. Advice from family and friends
  3. Being in the wrong place that the wrong time
  4. Entrepreneur gets worn out and/or underestimated the time 
           requirements
  5. Family pressure on time and money commitments
  6. Pride
  7. Lack of market awareness
  8. The entrepreneur falls in love with the product/business
  9. Lack of financial responsibility and awareness
  10.   Lack of a clear focus
  11.   Too much money
  12.   Optimistic/Realistic/Pessimistic

It should be understood that no magic solutions will guarantee business success.  However, the following items should assist in the improvement of chances for success:

  1. Development of a Business Plan
  2. Obtaining accurate financial information about the business in a timely manner
  3. Profile of target customer
  4. Profile of competition
  5. Go into business for the right reasons
  6. Do not borrow family money and do not ask the family for advice
  7. Network with other business owners in similar industries
  8. Do not forget, someone will always have a lower price than you
  9. Realize that consumer tastes and preference change
  10.   Become better informed of the resources that are available

With the right management skills and abilities, the chances of Business Success are greatly enhanced; and as John would say, “Surround Yourself with Positive Entrepreneurs.”





YES941 (Young Entrepreneurs of Sarasota) Social Network

25 01 2010
 
YES 941 (Young Entrepreneurs of Sarasota) is one of my favorite Social Networks!  YES 941 varies from MySpace, FaceBook, Twitter, etc., in that it is a Social Network where the members and guests actually meet on a weekly basis to share success strategies.
 
If people are not in the Sarasota area, the next best thing is to join the YES941 Social Website. 
Visit yes941
 

It is so awesome to network with other Entrepreneurs.  Everyone that I have met brings their own special uniqueness to the network, and it is a lot of fun!  This Social Network has over 1,000 members worldwide, and I understand that there is a desire to expand the membership. 

John Greer

YES941 was founded five years ago by my Entrepreneur friend, John Greer.  John is perfect to head up this net-work, as he has been an Entrepreneur all his life.  In addition, he takes pride in sharing his experience, ideas, and encouragement.
 
John challenges the membership to think strategically by setting ambitious business goals and keeping score.  Unlike a “conservative business plan,” a “strategic plan” is ambitious, bold and daring.
 
For example, John says, “Imagine if there was no scoreboard at a Florida Gators football game(would you guess he’s a Gator’s fan?)–do you think the players would strive for the extra footage to win?”
YES941 is often making news and appearing in the Sarasota Herald Tribune.  This week, for instance, YES941 was featured in an article by Jerry Chautin titled “Group’s Goals for Creating Businesses are Ambitious,” which is about the SCORE Association and how their strategic plan is to create 1 million businesses nationwide.
 
There is always something fun in this Network–just visit the HomePage, and join the upcoming YES941 Trip to China, for instance!

Visit yes941





What Makes Entrepreneurs Tick

19 01 2010

Alex Salkever, in his January 11, 2010 Article, “Anatomy of an Entrepreneur:  He’s Not Who You Think He Is,” uncovered some amazing results as he worked with Vivek Wadhwa and several other top researchers on a research project about what makes entrepreneurs tick.  Vivek Wadhwa is a visiting scholar at U.S. Berkeley, a senior research associate at Harvard Law School, and director of research at the Center for Entrepreneurship and Research Commercialization at Duke University.  He also founded two enterprise software companies, one of which went public.
 
What they found is that what the typical entrepreneur stereotype looks like– a recent college graduate (or even a college drop-out) living off ramen noodles, sleeping in the office and hitting up a venture capitalist for start-up funds, people that have rarely worked for other companies or other people (it’s not in their blood) — proved to be mistaken.
 
The average entrepreneur or founder of a fast-growing technology or knowledge industry company is married, has children, and worked for many years at a company or for someone else before branching out and starting his or her own business. 
 
Were rich kids given a leg up in starting their businesses?  Not really.  About 71% of the Entrepreneurs came from middle class backgrounds, with the majority of them coming from lower-middle and mid-middle class backgrounds.  More than three-quarters of the entrepreneurs surveyed had worked for someone else for at last six years before launching their businesses.  The most significant source of funding for all businesses was their personal savings.  The main obstacle entrepreneurs reported was lack of knowledge about starting a business, and fear of failure and the aftermath.
 
Why is this so important?  It is rapidly becoming a strong consensus in economic circles that Entrepreneurs and Small Businesses are the primary drivers for growth in the U.S. economy as a whole.
 
The implications of these findings for how we can pursue an economic strategy to encourage Entrepreneurs is quite clear.  “Look in the workforce, not in the university business-plan contest, for startup talent,” said Wadhwa.  He also believes that the focus on venture capital as a primary funding source is not really warranted; while VCs have their place, there are lots of other ways to get a startup funded.  Lastly, Wadhwa believes that just about anyone who wants to can become an Entrepreneur.  “These people saw very few barriers to starting their own company, and that is key to their success.” says Wadhwa.  In other words, the most important ingredient for an Entrepreneur is not age or youth, not experience, not family or lack of commitment, but the belief in oneself and the desire to succeed.