Archive for February 10, 2010
Late Night comedians
LATE NIGHT
David Letterman: “They got a lot of snow in Washington, DC. And the city came to the biggest standstill…they’ve had since the Democrats got the supermajority.”
Jay Leno: “Hey, be glad you’re not back East. Huge snowstorms. … I don’t think Washington has seen a snow job like this since that last stimulus package.”
Jay Leno: “It was so cold, Nancy Pelosi had to sit in her driveway for ten minutes defrosting her eyeballs.”
Jay Leno: “And with all this snow, President Obama told all non-essential White House employees they didn’t have to come in. Well, actually, just Joe Biden.”
Jimmy Fallon: “President Obama just held his first monthly bipartisan meeting, and said that working together on jobs would be a good place to start. You know where else would have been a good place to start? A year ago.”
Top 12 Reasons Why Businesses Fail
- 82% Poor cash flow management skills/poor understanding of cash flow.
- 79% Starting out with too little money
- 78% Lack of a well-developed business plan, including insufficient research on the business before starting it.
- 77% Not pricing properly – failure to include all necessary items when setting prices.
- 73% Being overly optimistic about achievable sales, money required and about what needs to be done to be successful.
- 70% Not recognizing, or ignoring, what they don’t do well and not seeking help from those who do.
- 64% Minimizing the importance of promoting the business properly.
- 63% Insufficient relevant and applicable business experience.
- 58% Inability to delegate properly – micro-managing work given to others or over delegating and abdicating important management responsibilities.
- 56% Hiring the wrong people – clones of themselves and not people with complimentary skills, or hiring friends and relatives.
- 55% Not understanding who your competition is or ignoring competition.
- 47% Too much focus and reliance on one customer/client. Bad Location.
