Comments on: Building Your Business By Investing In People Rather Than Stuff http://www.zoomstart.com/building-your-business-by-investing-in-people/ Start Something Thu, 04 Dec 2008 03:25:39 +0000 http://wordpress.org/?v=2.6.1 By: Outsourcing the Right Way by Creating a Talent Pool - Zoomstart http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1398 Outsourcing the Right Way by Creating a Talent Pool - Zoomstart Tue, 31 Jul 2007 03:56:47 +0000 http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1398 [...] success starts with having the right people. And outsourcing is about finding people who can do something better than you can, (and [...] [...] success starts with having the right people. And outsourcing is about finding people who can do something better than you can, (and [...]

]]> By: Steve Roesler http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1219 Steve Roesler Sun, 01 Jul 2007 13:14:43 +0000 http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1219 Nice one, Shane, The allure of accumulating "things" for business success mirrors the same phenomenon in personal life. Very soon, we are stuck with inanimate objects when what we really need are personal relationships to fortify our lives. It's harder to hire and get close to people than it is to press "submit" and buy some stuff for the business. Building people requires an emotional and mental commitment; having things just requires a dust cloth or a janitorial service. Keep writing... Nice one, Shane,

The allure of accumulating “things” for business success mirrors the same phenomenon in personal life. Very soon, we are stuck with inanimate objects when what we really need are personal relationships to fortify our lives.

It’s harder to hire and get close to people than it is to press “submit” and buy some stuff for the business. Building people requires an emotional and mental commitment; having things just requires a dust cloth or a janitorial service.

Keep writing…

]]> By: Shane http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1176 Shane Mon, 25 Jun 2007 04:56:17 +0000 http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1176 Martin, It really goes bad if, in the beginning, they blow all their capital on stuff rather than talent. Stuff is no good with out the right team of people to do something worthwhile with it Martin,

It really goes bad if, in the beginning, they blow all their capital on stuff rather than talent. Stuff is no good with out the right team of people to do something worthwhile with it

]]> By: Community Building Blog http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1173 Community Building Blog Sun, 24 Jun 2007 21:02:28 +0000 http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1173 I couldn't agree more - I think that every company I have worked at have failed to realise the value of people! - Martin Reed I couldn’t agree more - I think that every company I have worked at have failed to realise the value of people!

- Martin Reed

]]> By: Smart Posts Worth Reading #5 | Smart Wealthy Rich http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1171 Smart Posts Worth Reading #5 | Smart Wealthy Rich Sun, 24 Jun 2007 20:58:54 +0000 http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1171 [...] Building Your Business By Investing In People Rather Than Stuff: It’s no secret that most of the companies that failed and closed doors or are struggling financially invested in stuff instead of people. The employees are the life force of any company. Investing in people (the right people) rather than stuff is a no-brainer, but still a lot of companies don’t “get it“. [...] [...] Building Your Business By Investing In People Rather Than Stuff: It’s no secret that most of the companies that failed and closed doors or are struggling financially invested in stuff instead of people. The employees are the life force of any company. Investing in people (the right people) rather than stuff is a no-brainer, but still a lot of companies don’t “get it“. [...]

]]> By: Shane http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1170 Shane Sun, 24 Jun 2007 20:32:32 +0000 http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1170 Gregg, That's exactly what the boat was about. We convinced him that it would be a better idea to lease one on occasion until the business was pulling in enough money to comfortably afford such an expense. Starting up is all about cash flow. A boat is a big money sink and not part of his core business. Plus by leasing one occasionally, his "entertainment" budget for clients is more flexible. He can tailor it to the client, like going golfing or whatever instead. Gregg,

That’s exactly what the boat was about. We convinced him that it would be a better idea to lease one on occasion until the business was pulling in enough money to comfortably afford such an expense.

Starting up is all about cash flow. A boat is a big money sink and not part of his core business. Plus by leasing one occasionally, his “entertainment” budget for clients is more flexible. He can tailor it to the client, like going golfing or whatever instead.

]]> By: Gregg Hawkins http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1169 Gregg Hawkins Sun, 24 Jun 2007 18:00:38 +0000 http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1169 A company boat...oh man! That person was planning business fishing trips!! :D -Gregg A company boat…oh man! That person was planning business fishing trips!! :D

-Gregg

]]> By: Shane http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1165 Shane Fri, 22 Jun 2007 05:06:47 +0000 http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1165 Anthony, Very true. Buying stuff is just too easy. It's a diversion. I think it's the old "build it and they will come" mentality. Works great in movies. Not so well in business. Anthony,

Very true. Buying stuff is just too easy. It’s a diversion. I think it’s the old “build it and they will come” mentality. Works great in movies. Not so well in business.

]]> By: Anthony http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1164 Anthony Fri, 22 Jun 2007 03:28:23 +0000 http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1164 I've seen this happen on a lot of start-ups. I think it must be easy to justify stuff before the reality that you have to do the work hits. I’ve seen this happen on a lot of start-ups. I think it must be easy to justify stuff before the reality that you have to do the work hits.

]]> By: Shane http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1162 Shane Fri, 22 Jun 2007 01:01:38 +0000 http://www.zoomstart.com/building-your-business-by-investing-in-people/#comment-1162 Hey Gregg, It's much better to buy the "stuff" later on. I was reviewing the business plan for an entrepreneur last year and one of his capital expenditures was for a company boat. He had a great plan overall, but he was a little ahead of himself on that one :) Hey Gregg,

It’s much better to buy the “stuff” later on. I was reviewing the business plan for an entrepreneur last year and one of his capital expenditures was for a company boat.

He had a great plan overall, but he was a little ahead of himself on that one :)

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