Archive for March 21st, 2008

Darlene McDaniel over at Interview Chatter has found a great video about how to hire the best people for your small business.

I’ve talked to many small business owners, and they all say the same thing: Finding and keeping the ideal people is the most difficult part of their jobs. Good employees know how to treat customers and they know how to do their jobs; they’ve the optimum combination of “people skills” and “productivity skills.”

I will state that it gets easier over time. Here’s an article I wrote for a chiropractic journal (Chiropractic Economics) that explains this principle in more detail.

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I’ve recently encounter a number of people who speak about starting a business.  They want to know the steps to starting a business.  I could write down the dozen or so broad topics someone should consider before starting a business, but they would be superior off reading any of the score or more of the books on the subject at their local independent bookseller. 

You need to be a student of business and particularly the business you want to get into.  A few words from a blogger or some random advice from a magazine is just enough information to be hazardous to yourself and your bank account.  Even if you purchase a franchise, you superior study up on the franchiser like you life depends on it.  The devil, of course, is in the vast array of details that you can plan for and some more that you’ll never think of until you get to them. 

One important thing, don’t quit you day job until your business generates enough money to handle your living style.  If it can’t or you can’t adjust your life style to match the business income, keep you current job.  For example, if you’ve a sick child and rely on the health insurance from your current job, you better think long and hard about how you intend to replace that life line with your own business.

If you done all your studying and planning and you have your first paying customers in hand then you need to do the post important thing: “pull the trigger” , make the commitment.  Until you make that move, you’re not in business. 

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For the next couple of weeks we will be checking out some homes in the most pricey zip codes in the United States, up this day, 11201. This zip code in Brooklyn, New York has a median price of $2,463,000 with an appreciation rate of 325% since 1990. This area offers simple access to the city and the long history of the area means that there are many old brick and stone row houses and many picturesque streets lined with brownstones.

The home I’ve chosen for this zip code is in the area of Cobble Hill. Cobble Hill is a mix of Brooklyn’s past along with trendy new shops and restaurants. The tree-lined neighborhoods are home to many older homes including this restored 19th Century landmark home. The double property includes an 1833 Greek Revival townhouse and a carriage home with parking. The main residence is located on a block of older townhouses. The carriage house, on the north side of the property is reached through the garden and opens onto a mews, lined with former stables and carriage houses bordering Cobble Hill Park.

The home has a wide double entry hall, large front and rear parlors with 12-foot ceilings, a butler’s pantry and a sitting room. The home has been absolutely renovated but some of the charming architectural details from the home’s history remain including the marble fireplace mantles. A rear staircase leads to the garden level family rooms and large cook’s kitchen.The third floor master suite has abedroom and bath overlooking gardens, a study and two big dressing rooms. The fourth floor is home to another double suite with a a bath and central dressing area, laundry and storage areas, and a smaller bedroom. On the fifth floor there’s a skylit loft-like attic with four rooms. This home is listed at $7.875 million.

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Continue reading Most Costly Zip Codes: 11201: Estate of the Day

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Found this on Slideshare:

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There’s justice, and then there’s poetic justice. Whether or not you blame Federal Reserve Chairman Ben Bernanke for the current woes of our financial system, it’s good to know that he’s not immune from the plummeting housing market. Not at all. The Fed chief has a four-bedroom townhouse in Washington, D.C.’s Capitol Hill area that he bought in Might 2004 — near the peak of the real estate market. He paid $839,000.

After enjoying a brief run-up in market value to over $1 million, the recession happened (and a tiny something with interest rates, remember that, Ben?) and now, according to estimates, the home is worth only… $840,000. Homes in Bernanke’s neighborhood seem to have peaked in value in 2005, and have since fallen — though only a few percentage points this year, down to a median of $545,000 from $550,000 in third quarter 2007.

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