Tony DeMeo


Speed

Is it better to go fast but in the wrong direction or go a bit slower in the right direction.

Most people would agree that the first step should be in the right direction but it’s amazing how few take the time to plan out their direction.

Usually, the fastest way to a destination is with a plan.

Have a great day!

Lawrence



“The way we always have”

Whenever I hear that a business or organization is doing things “the way we always have” it makes me cringe.

Are they doing things the same wrong way as they always have because…well just because?

Are they not learning from their mistakes?

Are they not looking to get better?

Are they not wanting to grow as an organization and as individuals?

If you are doing things the way you always have without a good reason…STOP! Examine your reasons, look to improve and if you find the old way is the best way GREAT! However, more times than not you will find a better way to do things. Or, keep up the tradition and let others pass you by.

Have a great day!

Lawrence



Fair

I hear a lot of talk about equality these days.

Equal rights for all religions.

Equal right for all races

Equal rights for the sexes.

Why not do the right thing, albeit the difficult thing, and strive to do what is fair to all.

People are not the same so to strive to treat them the same seems short sighted. Instead we should strive to treat them all fairly.

Just a thought.

Have a great day!

Lawrence



Budgeting

I read recently about a person having one of their home appliances stop breakdown and they didn’t have the money to replace it.

This person went to a rent to own type business and then asked his employer to review the contract they wanted him to sign. Over a two year period, the contract was going to have the buyer pay three times the regular cost.
I did a few simple searches and found that to be true in terms of the costs of rent to own purchases.

The reason people do rent to own purchases is they can’t afford the upfront price for the purchase and they don’t have the credit for the purchase so their only option is to make weekly, or monthly payments, at an high interest rate.

Since everyone knows things break, it would be a LOT cheaper to set aside a weekly, or monthly payment to a savings account to prepare for these type of purchases. The payments could be the same but now you would be able to make better, smarter purchases without the lofty interest rates.

The same could/should apply to corporations and any type of organizations. Figuring out potential capital expenditures and budgeting a savings plan to prepare seems like it would be standard operating procedure… but are they????

If your organization doesn’t plan this way, you might want to consider a change.

Have a great day!

Lawrence



Listening

You will never learn something while talking.

You will almost always learn something while listening.

Focus on listening, it will make you a better person.

Have a great day!

Lawrence



Occam’s Razor

It’s amazing how much we try to complicate matters.

Given the choice between simple and complex, we tend to choose complex…and then complain how complicated things are.

Occam’s Razor is a problem solving principle that says when presented with competing hypotheses to solve a problem, one should select the one with the fewest assumptions.

Occam’s Razor isn’t always right but more times than not it is and because there are fewer assumptions, it’s much easier to test.

When in doubt, start with the first option and only when that one eliminates itself should you go to the next one.

Have a great day!

Lawrence



The right tools

Abraham Maslow once wrote “if all you have is a hammer, everything looks like a nail”.

How often do you find yourself with the wrong tools and try to figure out how to use them rather than finding the right tools to use.

Just a thought.

Have a great day!

Lawrence



Simple Time Management

If you don’t allocate time for the important items, the urgent issues will take up all of your time and the important things will never get done.

Have a great day!

Lawrence



Overreactions

People tend to overreact all of the time (maybe this statement is an overreaction but I’m not sure) and I believe it’s about time for people to realize their are ebbs and flows in all aspects of life and to expect only one is a bit of an unrealistic expectation.

An example of this would be in sports. Let’s use college football as an example. Two weeks into the current season people had Jeff Brohm (head coach of Purdue University) on the hot seat as a prime candidate to be fired before the end of the season. He went on to lose the next game to start the season 0-3 and people were wanting him to be fired. Since then, his team has won five of the next 6 games and people are considering him a prime candidate for some bigger jobs that are expected to open.

Was he a terrible coach after three games and then became an excellent coach? I doubt it very much. Is it taking him time to put his system into place? This seems to be the case. If he were to lose the next three games will people be screaming again? Absolutely.

As a long time fan of Manchester United I’m always amazed when they win a game and people declare “they are back and as good as anyone in the world” and when they lose “they suck and we need to fire the coach”. When they lose they aren’t as bad as people think and when they win they aren’t as good as people think.
It’s time we start thinking in terms of reality in sports and in life. Sometimes we have bad days. Sometimes we have good days. On the good days we haven’t proven we are ready take on the world and on our bad days we shouldn’t be ready to quit because life isn’t worth living.

Sometimes we just are who we are and we might be a lot happier if we learned to accept that while wanting to make ourselves a bit better.

Have a great day!

Lawrence



Focus on the question

When trying to solve problems people tend to spend too much focusing on the answers when they should focus on the problem

When you focus on the answers you are looking at ways to improve previous proposed solutions.

When you focus on the question, you explore all options, without the preconceived notions that come from previous solutions.

Have a great day!

Lawrence