Archives for posts with tag: money

Thinking Out Of The Box – May Be Just What You Need – unless you are a cat some of their best thinking is done while they are in their box. Think about where you may do some of your best thinking (bathroom), cat (litter box). LOL.

Ok for today’s post – We have a pizza delivery guy who by the way served on active duty as a United States Marine. “Thank you!” But Richard Davis’s years on the battlefield didn’t inspire his design for the Kevlar vest. No, that came from a much more dangerous activity: delivering Italian food in Detroit.

David was dropping off a pizza on July 15, 1969, when he realized that the call had directed him to a dark alley occupied by three armed men. He was sot twice but escaped with his life. The experience left Davis shaken, and he started looking into how he could protect himself.

So Davis carved out the first vest made of all Kevlar, which was much stronger than military nylon. To test the result, Davis put a phone book behind a prototype and opened fire. The book pulled through unscathed.

Still, nobody was biting, here is the interesting part (the outside the box thinking we all need to do more of), Davis devised a more dramatic display.

When he met with prospective buyers:

  • he’d put the shaky prototype vest on
  •  aim a pistol at his chest
  • and pull the trigger.

That, ladies and gentleman, is called a salesman. From Cracked.com

What can you do to help people to sit-up and take notice of your enterprise?

Get out of that box.

Here’s To Your Success,

Until next time!

Prosperously yours,

Jerry

P.S. Remember The Buck $tarts Here


Jerry Scicchitano
Jerry Scicchitano is known for turning ideas into action. His concept paper, “The Entrepreneurial Mall,” was presented at the 20th Annual Entrepreneurship Education Forum, sponsored by the Kauffman Center for Entrepreneurial Leadership. Jerry is the author of Part Time Income Enterprise (Morgan James Publishing), and founding sponsor of the M.H.S Entrepreneur and Inventors Club. Jerry also sits on the board for two non-profits: The Every Child Deserves a Chance Foundation and Jesus – The Divine Mercy Foundation.

Ryan Menezes tells this story about an ordinary 11- year old boy who took 18 years to find his business success. The fact that a child invented the iconic treat is not the unexpected bit. This is: eleven-year-old Frank Epperson invented the Popsicle before people had freezers in their homes.

Back in the day, the kids were all keen on “soda water powder” – A Kool-Aid-like mix that made carbonated beverages. One night in 1905, Frank accidentally left his drink outside on the porch, and it froze overnight. Lo and behold, it was absolutely delicious.

Epperson cleverly sat on his invention, keeping it secret for 18 years, until he was in the position to make something of it. In 1923, he decided to patent his epsicles (“Epp’s icicles”), but his children refused to use that name, since none of them called their father Epp. They began calling them Popsicles instead, and the treat was patented as such.

The fact that they’d originally been made with home-mixed soda pop was a total coincidence.

I don’t advocate that you wait 18 years to act on your ideas. In our supersonic and internet age 18 years is like a lifetime. Take Action Now!

Here’s To Your Success,

Until next time!

Prosperously yours,

Jerry

P.S. Remember The Buck $tarts Here


Jerry Scicchitano
Jerry Scicchitano is known for turning ideas into action. His concept paper, “The Entrepreneurial Mall,” was presented at the 20th Annual Entrepreneurship Education Forum, sponsored by the Kauffman Center for Entrepreneurial Leadership. Jerry is the author of Part Time Income Enterprise (Morgan James Publishing), and founding sponsor of the M.H.S Entrepreneur and Inventors Club. Jerry also sits on the board for two non-profits: The Every Child Deserves a Chance Foundation and Jesus – The Divine Mercy Foundation.

Spring seems like it is coming and going some warm and sunny day’s then bitter cold and in many places snow. This doesn’t seem to bother my daffodil flowers; they are blooming bright yellow with no regards to the weather. With the weather changes and time change many people go through a biological change and also are in a search for happiness, many people look for it in other people and not within ourselves. Many people feel that things like money, a better job, better relationships..etc will make them happy. In reality, to find true contentment you must look inside yourself and learn to be your own best friend. That means you have to trust, love, and care for yourself just as you do the people you consider to be close to you.

Following are steps that you can incorporate into your life that will help you to feel more empowered and happy about yourself:

Begin to lift yourself up, not put yourself down. If you don’t like something about yourself, work to change it. If you can’t change it, simply accept it. Don’t beat up on yourself with negative self-talk. You’re not likely to change for the better when you fill yourself with negative thoughts.

Give yourself positive rewards. When you do something that you are proud of give yourself a small reward. Try not to wait for others to praise you because you may grow resentful if the praise doesn’t come. Pat your own back; it is a great feeling that can stay with you for a long time.

Forgive yourself. I doubt that you would keep scolding a child over and over for making a mistake so don’t do that to yourself. Give yourself the gift of forgiveness when you make a mistake. After that, work to figure out what lesson you can learn, and use it to make better choices the next time around.

Enjoy your successes. Most people can remember all of the details of depressing, painful or even embarrassing events that happened many years ago. What if you did the same thing with all of your wins? Try to remember all of the triumphs
and accomplishments that you’ve made and keep that memory with you and think about it at least once a week.

Always remember to celebrate your wonderful qualities! You will soon discover that the more you love yourself, the more you will be able to give love to others and the more others will be able to love you!

Here’s To Your Success,

Until next time!

Prosperously yours,

Jerry

P.S. Remember The Buck $tarts Here


Jerry Scicchitano
Jerry Scicchitano is known for turning ideas into action. His concept paper, “The Entrepreneurial Mall,” was presented at the 20th Annual Entrepreneurship Education Forum, sponsored by the Kauffman Center for Entrepreneurial Leadership. Jerry is the author of Part Time Income Enterprise (Morgan James Publishing), and founding sponsor of the M.H.S Entrepreneur and Inventors Club. Jerry also sits on the board for two non-profits: The Every Child Deserves a Chance Foundation and Jesus – The Divine Mercy Foundation.

Now that you have spent some quality time and thought through and decided on your life’s purpose and have your vision outlined.  You will need to spend some time describing the details of how you will go about your mission.

Your mission is your plan:

  • Get where you want to go
  • What you will do
  • (And if you really like details) The specific steps and activities you will take.

In a nut shell your mission statement describes what you want now and how you will achieve your long term aspiration.

Example:  My mission is to help new business start-up owners, transform into impactful business leaders.

What makes a good vision and mission statement?

  • A good vision and mission statement is concise and inspirational.
  • It’s easy to memorize and repeat.
  • It should be clear, engaging, and realistic, and describe a bright future.
  • It should furthermore state your intentions, summarize your values, and demonstrate your commitment to living up to these values.

“My vision is to be an honest, empathetic and impactful start-up coach and leader and to be recognized internationally within my industry. I am committed to growing as a leader and delivering value-added design to the end users. My mission is to help new business start-ups owners transform into impactful business leaders.

 I suggest you combine the two into a vision and mission statement. Define the overall essence of what you want to achieve and then look at what you are doing to achieve it.

Ideally, the vision and mission statement should also be aligned with the values, culture of the organization you currently work with. If your personal values and aspirations are being matched by your clients, it will be much easier to progress and fulfill your dreams.

Everyone’s Mission / Vision Statement will look and sound completely different. It’s important that it encapsulates your values and aspirations, and that it makes you feel really good and inspired when you read it aloud. As your view of yourself and the future changes, it is important that you review, update and refine your vision and mission statement at least once every six months. If you feel really inspired, you may even want to expand it with more detail and turn it into a personal development plan. So get scribbling and imagine how nice it will be to start out on your journey with a clear roadmap for where you want to go and how to get there!

Here’s To Your Success,

Until next time!

Prosperously yours,

Jerry

P.S. Remember The Buck $tarts Here


Jerry Scicchitano
Jerry Scicchitano is known for turning ideas into action. His concept paper, “The Entrepreneurial Mall,” was presented at the 20th Annual Entrepreneurship Education Forum, sponsored by the Kauffman Center for Entrepreneurial Leadership. Jerry is the author of Part Time Income Enterprise (Morgan James Publishing), and founding sponsor of the M.H.S Entrepreneur and Inventors Club. Jerry also sits on the board for two non-profits: The Every Child Deserves a Chance Foundation and Jesus – The Divine Mercy Foundation.

Today’s post will deal with some shared thoughts from Chris Jones who states: “Everyone has a metaphor for life; for some it’s a sport, for others it’s a journey. For Chris, life is like a business. And he strives to run his life like the CEO of a Fortune 500 company.”

Chris said “I was first introduced to the world of entrepreneurship by my Uncle Butch when I was 11 years old. He would come to my house and in the front seat of his old, brown Datsun would be audiocassettes and books by financial guru Charles J. Givens. My cousins and I enjoyed belly laughs at the idea of my uncle becoming wealthy by listening to this guy’s material. He did eventually amass wealth in the transportation business by owning and operating a fleet of buses, limousines and shuttles. That’s when my ears perked up.

I read “Unlimited Power” in college. I was handed a well-worn copy of that Tony Robbins classic by my friend, Shaun. I read it cover to cover fascinated by it all.

  • My mind can do what?
  • My body can do that?
  • I can reprogram my brain?

Whoa!

“Since those days in the late 90s, I’ve consumed more businesses books, blogs and magazines than I can count.” As Mark Cuban said, “Business is my favorite sport.” “I concur. I’ve learned to adapt better to life while studying entrepreneurship. I deal better with people, I’m more organized and I get what I want from life. I have also learned to be generous with my time and money, and I seek ways to add value to others.”  Kevin O’leary, from Shark Tank is right when he said – “So much of life is a negotiation-so even if you’re not in business, you have opportunities to practice all around you.”

So what are you negotiating?

  • Maybe it’s whether to run the 5k or the 10k as your first race of spring.
  • Or the best way to sell your house.
  • Maybe it’s what will you give up for Lent.
  • Will you start your part-time income enterprise this month or just put it off again?

Whatever it is, be decisive. Life gives us what we ask for when we don’t waiver.

Seize Opportunity. If not, you’ll face the fate of those who enter the Shark Tank- my favorite TV show. Opportunity will say those dreaded words that no one wants to hear: “I’m out.”

Here’s To Your Success,

Until next time!

Prosperously yours,

Jerry

P.S. Remember The Buck $tarts Here


Jerry Scicchitano
Jerry Scicchitano is known for turning ideas into action. His concept paper, “The Entrepreneurial Mall,” was presented at the 20th Annual Entrepreneurship Education Forum, sponsored by the Kauffman Center for Entrepreneurial Leadership. Jerry is the author of Part Time Income Enterprise (Morgan James Publishing), and founding sponsor of the M.H.S Entrepreneur and Inventors Club. Jerry also sits on the board for two non-profits: The Every Child Deserves a Chance Foundation and Jesus – The Divine Mercy Foundation.

Now that you know what your product or service will be and how to communicate it to the people you meet using your Elevator Pitch. You are now ready to start building your team. A team that should involve:

  • A Technologist
  • A BIG strategic thinker
  • A dealmaker who can focus on sales and marketing

It is a good idea if the members of your team have experience in the industry of your start-up enterprise. And to add icing on the cake a good rolodex would be beneficial. Your team should be willing to wear many different hats, and use good judgment while dealing with your start-up.

Expectations for all should be clearly defined and all financial interests should be mutually aligned. Everyone should feel confident that all team members will work as hard as you would. Sometimes it’s tempting to partner with good friends, but that’s not necessarily the best pathway to sure success. In fact, it can be very dangerous! Many great friendships have been tested and more than a few destroyed.

Some good qualities that will be helpful for your team members to have are:

  • Loyalty to the enterprise idea.
  • Honesty, including the ability to acknowledge errors and mistakes.
  • Have the ability to focus on more than one aspect of the enterprise.
  • Utilize connections and possess the ability to attract talent to the team.
  • Be flexible when the circumstances change.

With all this in mind, be confident as you take your first step in starting to live the American Dream.

Here’s To Your Success,

Until next time!

Prosperously yours,

Jerry

P.S. Remember The Buck $tarts Here


Jerry Scicchitano
Jerry Scicchitano is known for turning ideas into action. His concept paper, “The Entrepreneurial Mall,” was presented at the 20th Annual Entrepreneurship Education Forum, sponsored by the Kauffman Center for Entrepreneurial Leadership. Jerry is the author of Part Time Income Enterprise (Morgan James Publishing), and founding sponsor of the M.H.S Entrepreneur and Inventors Club. Jerry also sits on the board for two non-profits: The Every Child Deserves a Chance Foundation and Jesus – The Divine Mercy Foundation.

Ever wonder why some people seem to effortlessly give an elevator Pitch while others feel tongue tied whenever someone asks them what they do.

When you give a 30-60 second Pitch about what you do, you are communicating on many levels. Your words and mannerisms tell people whether or not you are confident and passionate about what you do. The way you give your pitch tells people whether or not you are tuned in to them and what their problems are.

When you are creating your elevator pitch you need to keep these tips in mind:

It is essential that you keep it short and powerful. People stop listening after about 25-30 seconds. If you want to keep the conversation engaging, you need to stop and get them talking about themselves – even better if they are talking about the problem they have that you can help them solve. So even if you have 60 seconds to speak, make the first 30 seconds be your message and use the second 30 seconds to give an example of what you do.

Don’t tell your listener about the 20 different things that you do – boring! They will have checked out after the first two or three while nodding politely. Instead speak in benefits what’s in it for them. Here is an example – I help people who love their work and are really good at it to bring more cash flow and clients into their business so that they can enjoy their work again. (This is about them) and is much more interesting than  – I do consulting, business coaching, life coaching, public speaking, etc. which is all about you. Stick to the main benefit you provide.

 Your goal is not to make a sale right then and there but to spark the person’s interest enough to set up a second meeting to discuss the possibility of working with you. So focus you elevator pitch on the main benefit of the most common entry level service or first sale – the thing that most clients use you for first. Once they become a client, you can tell them all of the other services you provide.

Incorporating a powerful story into your elevator pitch that they can relate to does more than just saying I do this and I do that. Why does this work? Because people relate to stories and remember them. They want to know that you understand what they are going through. If you tell them about a client who was having a problem and how the person was feeling because of it, it shows that you are compassionate. Then when you tell them that you solved the client’s problem or helped the client solve it, and how solving it impacted the client, it shows that you are competent and that your services are worth investing in.

You want to engage your listener

Do you know how many people ________________________fill in the blank with the main problem your clients have? Well, what I do is __________________________________ fill in the blank with the solution you provide. Don’t tell them how you provide it, unless they ask and even then, keep it brief.

 People buy with their hearts and justify with their minds. So it really helps people to want to buy from you if your give them a combination of a hard benefit that appeals to their logic and a soft one to appeal to their emotions.

  • A hard benefit is one that gives strong results – ones that justify spending money. To say that my client was able to double her income shows that my services pay for themselves and it’s worth investing in.
  • A soft benefit is a feeling benefit – this is the real reason that people buy. If I say that in doubling her income Susie was able to be at peace and enjoy running her business again. this is compelling to the person I am talking to who is stressed out all the time. It also shows that I understand and value her feelings.

For some reason our minds love specificity.

  • If you say: I sell residential and commercial real estate people may or may not be interested. (After all, they know other real estate people who do the same).
  •  But if you say something specific like: I specialize in helping people who live in Manhattan who want to relocate to Northern New Jersey to find wonderful houses in great neighborhoods that they can easily afford. (That makes you an expert). Not only will the listener think of all the people he or she knows to see if anyone fits your client profile but you will be seen as the “go to” person for people in that situation.

You might think that it’s scary to narrow down your focus. You may find that people ask you for related services anyway.

If you want to succeed in creating a good elevator pitch, just follow some of the above tips. Practice it until it rolls off your tongue easily. As long as you do that, I’m sure you’ll reap the full benefits of the work you put in.

I wish you all the best at giving a terrific elevator pitch.

Here’s To Your Success,

Until next time!

Prosperously yours,

Jerry

P.S. Remember The Buck $tarts Here


Jerry Scicchitano
Jerry Scicchitano is known for turning ideas into action. His concept paper, “The Entrepreneurial Mall,” was presented at the 20th Annual Entrepreneurship Education Forum, sponsored by the Kauffman Center for Entrepreneurial Leadership. Jerry is the author of Part Time Income Enterprise (Morgan James Publishing), and founding sponsor of the M.H.S Entrepreneur and Inventors Club. Jerry also sits on the board for two non-profits: The Every Child Deserves a Chance Foundation and Jesus – The Divine Mercy Foundation.

An elevator pitch, elevator speech, or elevator statement is a short summary used to quickly and simply define a person, profession, product, service, organization or event.

The name “elevator pitch” reflects the idea that it should be possible to deliver the summary in the time span of an elevator ride, or approximately thirty seconds to two minutes. The term itself comes from a scenario of an accidental meeting with someone important in the elevator. If the conversation inside the elevator in those few seconds is interesting and value adding, the conversation will continue after the elevator ride or end in exchange of business card or a scheduled meeting

People deliver completely ineffective elevator pitches because they don’t understand the purpose of an elevator pitch — to just interest the audience in continuing to talk.

An effective elevator pitch involves these 9 things:

1. Concise – an effective elevator pitch contains as few words as possible.

2. Clear – rather than being filled with acronyms, and ten-dollar words, an effective elevator pitch can be understood by your grandparents, your spouse, and your children.

3. Compelling — explains the problem your solution solves.

4. Credible — explains why you are qualified to see the problem and to build your              solution.

5. Conceptual– stays at a fairly high level and does not go into too much                                       unnecessary detail.

6. Concrete — is specific and tangible.

7. Customized — addresses the specific interests and concerns of the audience.

8. Consistent – every version conveys the same basic message.

9. Conversational – the goal of an elevator pitch is to just set the hook; to start a                          conversation, or dialogue, with the audience.

All entrepreneurs know how important it is to give a good elevator pitch (a 30-60 second description of what you do) that can enroll prospects into wanting to talk to you more). And yet most people freeze up when people ask them what they do.

Our next post will lend some insight in how to succeed in giving a good elevator pitch

 Here’s To Your Success,

Until next time!

Prosperously yours,

Jerry

P.S. Remember The Buck $tarts Here

 

Jerry Scicchitano
(757)-810-0208
Jerry Scicchitano is known for turning ideas into action. His concept paper, “The Entrepreneurial Mall,” was presented at the 20th Annual Entrepreneurship Education Forum, sponsored by the Kauffman Center for Entrepreneurial Leadership. Jerry is the author of Part Time Income Enterprise (Morgan James Publishing), and founding sponsor of the M.H.S Entrepreneur and Inventors Club. Jerry also sits on the board for two non-profits: The Every Child Deserves a Chance Foundation and Jesus – The Divine Mercy Foundation.

Sometimes the obstacles we face in life can seem like the biggest mountaintop. They can seem too huge to overcome. But if you have faith in yourself, and you get some knowledge and education, you can beat them.

Let me tell you something: once you make the decision to truly start, there’s nothing you can’t do, and nothing in your life you can’t change.

Are you in touch with how you measure success? Can you give a precise statement of what determines success for you? If so, take some time to write it down NOW!

What does your statement say about your underlying motivations? Let me encourage you to pause and contemplate two questions:

  1. If over the next five years you get exactly what you want, will it make you happy?
  2. If you keep doing what you’re doing and things work out over the next five years, will you be able to look back and say, “I’ve led a significant life?”

If yes great!

If you can’t answer with certainty yes, what specifically is missing?

Many times we are in such a hurry to reach success that we can live our entire life searching for something we already have.

Here’s To Your Success,

Until next time!

Prosperously yours,

Jerry

P.S. Remember The Buck $tarts Here


Jerry Scicchitano
(757)-810-0208
Jerry Scicchitano is known for turning ideas into action. His concept paper, “The Entrepreneurial Mall,” was presented at the 20th Annual Entrepreneurship Education Forum, sponsored by the Kauffman Center for Entrepreneurial Leadership. Jerry is the author of Part Time Income Enterprise (Morgan James Publishing), and founding sponsor of the M.H.S Entrepreneur and Inventors Club. Jerry also sits on the board for two non-profits: The Every Child Deserves a Chance Foundation and Jesus – The Divine Mercy Foundation.

Today’s post is short and to the point but very meaningful.

Never pass up an opportunity to stop at a Lemonade Stand and buy a glass and chat with the budding entrepreneur.

John Columbus said, “Many people wait for their ship to come in but forget that they must first dredge the harbor, build a lighthouse and a pier so the ship can find them and dock. If they don’t, their ship will find another port.”

  • Some people make things happen.
  • Some people watch things happen.
  • Some people wonder what happened.

When opportunity knocks be ready. Be Ready To Make Things Happen!

Here’s To Your $uccess,

Until next time!

Prosperously yours,

Jerry


Jerry Scicchitano
Jerry Scicchitano is known for turning ideas into action. His concept paper, “The Entrepreneurial Mall,” was presented at the 20th Annual Entrepreneurship Education Forum, sponsored by the Kauffman Center for Entrepreneurial Leadership. Jerry is the author of Part Time Income Enterprise (Morgan James Publishing), and founding sponsor of the M.H.S Entrepreneur and Inventors Club. Jerry also sits on the board for two non-profits: The Every Child Deserves a Chance Foundation and Jesus – The Divine Mercy Foundation.