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Finding Purpose and Happiness in Life and Work


Finding Purpose and Happiness in Life and Work

This content from: Duct Tape Marketing

Marketing podcast with Jon Gordon (Click to play or right click and “Save As” to download – Subscribe now via iTunes or subscribe via other RSS device (Google Listen)

There’s a potent lyric in one of my favorite John Prine songs, Angel From Montgomery, that goes like this – “How the hell can a person, go to work in the morning, come home in evening, got nothing to say.”

Well, anyone that’s owned a business can tell you, some days can do that to you – particularly those days when you lose sight of why you’re doing what you’re doing.

My guest for this week’s episode of the Duct Tape Marketing Podcast is Jon Gordan, author of The Seed: Finding Purpose and Happiness in Life and Work

In The Seed we meet Josh, an up and comer in his company, who has lost his passion at work. Challenged by his boss to take two weeks and decide if he really wants to work there, Josh takes off for the country, where he meets a wise farmer who gives him a seed and a promise: find the right place to plant the seed, and his purpose will be revealed.

Gordan effectively uses the fable format to help us find our own sources of wisdom and insight.

I think many business owners, and really anyone toiling away in a job anywhere, crave this idea of purpose and meaning, but far too few stop to reflect on the things that make them truly happy and fulfilled.

If you let it, your work can suck the life right out of you. Connecting with some higher purpose that drives and sustains through the good patches and the rough patches is the most powerful tool you can employ.

You can listen to the show by subscribing the feed in iTunes or a variety of other free services such as Google Listen (Use this RSS feed) or you can buy the Duct Tape Marketing iPhone app. (iTunes link – Cost is $2.99) or

View full post on Small Business Marketing Blog from Duct Tape Marketing

Small Business: Discovering Your Best Life Ever

It’s easy to forget sometimes, but small business entrepreneurship should also be an adventure in lifestyle design. Be sure you do the work you love and live the life you want. Enjoy!

Getting Started

Entrepreneurship: Creating your best life ever. Creating a business should be about creating a lifestyle as well. How often have you thought about this? Does your small business support the kind of lifestyle you would like to be living? Dr. Shannon Reece

Why your business needs a blog. Blogs can benefit many kinds of business. Want proof? Check out this post about how a blog helped a local insurance company expand its market dramatically. Could this work for you? Check out how to get started. Ryan Hanley

Resources & Advice

Why you still don’t have a Web presence. Many small business people still aren’t doing much or are doing the wrong thing with the incredible potential that is the Web. Here are some possible roadblocks. Score

More than 25 resources your business needs. Check out this list of resources. Does your business utilize any of them? If so, how do you use them? If not, consider looking over the list to determine whether any of these things can help you. The Frugal Entrepreneur

Social Media Marketing

Improving your Twitter game. A new tool makes adding automated messages in with your regular Twitter stream a breeze. This is set-it-and-forget-it technology you need for your online marketing. Sales Tip A Day

Change is the one constant you can expect in social media. So, if you have a social media campaign already, you can expect that to change too in 2012. How and how much are the operative questions and a few answers can be found here. PitneyBowes

Management & Operations

A scam alert for small business owners. Whether you sell your business or begin to take an owner’s draw, you may consider investing your money, as many small business owners do. But watch out! Scam artists lurk everywhere. Don’t be taken in. Open Forum

Make your business the less risky choice. We hear a lot about marketing the remarkable product, but there’s something to be said for reliability too. Here’s one recommendation for making your business the less risky choice. The Solopreneur Life

Technology

Meeting the challenge of connection on the go. Small business owners store more and more of what they do online allowing them to access it from anywhere. The trouble is it can sometimes still be maddeningly difficult to stay connected on the road. You’re The Boss

Seven sales apps no small business should be without. Technology can be a wonderful tool, especially for small businesses. That tool can sometimes level the playing field and help small business leaders accomplish more with less. Entrepreneur

From Small Business Trends

Small Business: Discovering Your Best Life Ever

View full post on Small Business News, Tips, Advice – Small Business Trends

The Small Business Owner’s Guide to Life Insurance

Life insurance is the most important insurance coverage a small business can purchase as it pertains to perpetuating the business. (General liability is most important operational insurance coverage).  When a person dies unexpectedly, the loss of life often has repercussions beyond just immediate family.  This is especially true if the individual was a business owner or a key member of a business.

life insurance

Some of you are nodding your head saying:

“Yeah, if we lost so-and-so our entire business would be turned upside down.  An adequate amount of life insurance would certainly help us bridge the gap between losing so-and-so and hiring/training so-and-so’s replacement.”  

You are an enlightened insurance soul. You can skip down to the third section of this article if you like.

Some of you are reading and saying:

“Life insurance is a waste of money.  Our business could survive if we lost the owner.  He doesn’t do anything anymore, anyway.”

You have some learning to do.  Pay special attention to the next section of this article.

Learning About Life Insurance the Hard Way

Let’s say you and your business partner own a successful small business that manufactures retail goods on a regional level and employs 40 people from the surrounding community.  You’ve been in business for 20 years and have a solid relationship with your raw material suppliers, your distribution channels and the retail stores that sell your product. Both you and your partner share a common vision for the business, sales are growing, and life is good.

Then you get that awful call.  Your business partner has passed away suddenly after a car accident.  A few months later you get a call from your late business partner’s spouse asking to set up a meeting to discuss the future of the business.

After a lengthy, emotional meeting, you find out your business partner had racked up mountains of personal debt financing some commercial property deals on the side that didn’t pan out.  Your business partner’s spouse, now saddled with that debt, is freaking out and demanding you sell the business to pay the obligations.  Now a 50 percent shareholder in the business, the spouse has the legal right to make such demands.  Now you either have to spend a boatload of money to buy out the spouse or sell the business you’ve worked 20 years building.

Either way, life is not so good anymore.  You wish that you had listened to your insurance professional about purchasing a Buy-Sell Agreement Life Insurance Policy (see below).

3 Types of Business Life Insurance

Individual Life Insurance

  • Technically, individual life insurance is coverage for a business owner’s family.  What makes an individual life insurance policy important for a business is defense against a distressed sale.  Many small business owners take loans out using their personal assets as collateral.  When the business owner dies, the surviving family members sell the business to cover the loan obligations.  This creates a distressed sale situation where the business might be sold for significantly less than actual value.  An individual life insurance policy on the business owner for an amount equal to obligations defends against this type of situation.

Buy-Sell Agreements (solution to scenario above)

  • In the simplest terms, a buy-sell agreement is a contract created so a deceased business owner’s share of the business is bought at a predetermined price through life insurance.  This is a protection against the deceased business owner’s family members taking ownership of a business they may not have the desire or skills  to operate.

Key Person Insurance

  • Key person insurance provides the business with cash if a critical leader or revenue-producing employee were to die.  There are many unacknowledged costs that come with losing a crucial member of a business.  The business may lose clients, contacts or connections that drive revenue. Additionally there is cost to search, hire, and train a replacement. All of these costs add up very quickly, and without the proper life insurance to provide needed cash, the gap between employee loss and replacement can critically injure a small business.

The Rub

Life insurance is a headache and hard to rationalize spending money on.  But the simple truth is that a life insurance policy has the power to change the course of the lives of the people you care about and the business you help build.  Your family and your business are important enough to take the time to do the right thing.  Your independent insurance agent can help you get the necessary and appropriate coverage.

Good luck and be safe!


Image from Arkady/Shutterstock

From Small Business Trends

The Small Business Owner’s Guide to Life Insurance

View full post on Small Business News, Tips, Advice – Small Business Trends

The Ultimate Life Guide

The Secret, The Law Of Attraction… None Of That Can Work For You Until You Understand The Big Picture And How It All Works Together With Your Brain. Genuine Mind Power And Natural Laws Of The Universe Explained In Detail!!! Program Your Way To Success!
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5 Companies with No Regard for Human Life

 

Murder, kidnapping, torture, sex crimes, production of chemical weapons, war profiteering and warmongering, worker discrimination, sale and distribution of lethal products, water pollution and privatization, child labor and environmental degradation sound like plot points of an Academy Award-winning film starring Angelina Jolie. Sadly, these atrocities are not only forged by the imaginations of Hollywood screenwriters, but also human rights abuses perpetrated by some of the most influential (and dangerous) companies in the world. And though greedy and corruptive business practices easily and often openly weave through the day-to-day functions of seemingly harmless corporations, some companies wear their disregard for human life like a badge of honor and a magnet for an increased profit margin.    
 

Big Tobacco

 

 

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Big Tobacco is more properly an alternate name for the tobacco industry as a whole. It encompasses the heavy hitters of this highly controversial industry, including Altria Group, Reynolds American and Philip Morris International. As manufacturers and marketers of products that cause and contribute to the deaths of an estimated 443,000 Americans annually, to say that Big Tobacco has regard for human life would be as much of a lie as to say that Bernie Madoff was just a real go-getter.  

Although anti-smoking campaigns and organizations like The Truth and The Foundation for a Smokefree America work to expose the harms perpetuated by Big Tobacco, the tobacco industry continues to remain an economic giant, even among the highs and lows of a turbulent stock market. According to Forbes, despite the fact that Big Tobacco is continuously (and rightfully) inundated with expensive lawsuits and cries for newer and better product warnings and health reviews, Standard & Poor’s lists both Altria Group and Philip Morris International as a “strong buy.” So what if stock in these companies contributes to the addictions of approximately 46 million people and to the number one cause of preventable death in the United States? Money is money, right?  

Monsanto

 

 

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Despite Monsanto’s name origin deriving from the Spanish and Portuguese for “sacred mountain,” there is nothing sacred about this company or its treatment of Mother Earth and her children. Monsanto, which is the overlord of herbicides and genetically modified seeds, strikes fear in the hearts and minds of millions of people around the world, from farmers to consumers, at the very mention of its name. Although Monsanto’s website states, “If there were one word to explain what Monsanto is about, it would have to be farmers.” the evidence peppering this company’s dark and controversial past and present amounts to the contrary.  

In addition to current calls for GMO (genetically modified organism) labels on all products grown from Monsanto seeds, cries for overhauled standards regarding the use of Monsanto’s herbicidal baby, Roundup, and a seemingly endless parade of farmers and co-ops who claim to have been bullied and abused by this agri-tech giant, Monsanto has been wrecking lives for decades. When you think about deadly herbicides two words come to mind: Agent Orange. And guess which company helped manufacture it from 1965-1969?  

Nestlé

 

 

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A company that produces chocolate and baby formula sounds innocent enough, but when that company exploits children as child laborers, pressures poor mothers into choosing their products over their own breast milk and knowingly sells dangerous, chemically tainted baby products then that company’s description shifts from innocent to villainous.  

Nestlé is one of the world’s leading buyers of cocoa from the Ivory Coast. This fact isn’t surprising given that the country produces nearly half of the world’s cocoa, but what is surprising is that the Ivory Coast and its cocoa industry have been repeatedly condemned for their use of child labor, yet Nestlé continued to utilize it.
 
The company’s treatment of children does not improve when you consider the that Nestlé knew for months about a 2005 chemical contamination of formula distributed to Italy, yet did not recall the formula. Given Nestlé’s more than questionable actions toward children, candy-coating itself as a wholesome, warm cookie out of the oven, family friendly company is, “A little too ironic…and yeah, I really do think.”  

BP

 

 

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Not many could argue against BP’s poor environmental record, but this oil and gas company’s history of keeping its workers as well as the general public safe is just as dismal. In addition to the more than 200 million gallons of oil spilled into the Gulf of Mexico, 11 Deepwater Horizon workers were killed during an explosion on the drilling unit. Prior to this catastrophic 2010 incident 30 BP workers were killed and more than 200 injured during other disasters. In all cases, BP allegedly had prior knowledge of equipment failures that if remedied in an appropriate and timely manner would have prevented the deaths of workers. According to OSHA statistics, BP has had nearly 800 “willful” violations of safety practices.    

DuPont

 

 

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There are companies that create lethal products. There are companies that deal in arms. There are companies that endanger the health of the public and the environment, and then there are those that fall under the classification of “All of the above.” The history of this centuries old company is fraught with instances of corporate crimes and human rights violations.  

DuPont has contributed to the development of explosives and chemical agents like one of a certain orange hue, as the is the world’s largest seed producer it has often been accused of manipulating patent laws so as to gain control of the food industry like an over-eager child playing Monopoly, it has endangered the lives of countless communities in its instances of improper waste disposal and it has received some of the harshest OSHA sanctions ever issued. In addition, DuPont has demonstrated its disregard for humans by being notoriously unsupportive of unions, exploiting prisoners for labor and supporting regimes that are deemed oppressive.  

Can someone get Erin Brokovich on the line again?


View full post on Business Pundit

Do More With Less And Simplify Life – Work From Home

Discover How To Do More With Less And Simplify Life. A Suite Of Great Products To Promote Around Being More Productive And Profitable In Business, And Successful In Life. (affiliate Site: Http://workfromhomemastermind.com/aff.html
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The 6-week Extreme Life Makeover.

Law Of Attraction – Flood Your Life With Riches, Fulfill All Of Your Hearts Desires, And Start Living The Life Of Your Dreams – In Just 6 Weeks!
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Organize Your Life Planner & Ebooks – Massive Market – Big Returns

Unique, popular, professional Organizer & Planner Download with generous high quality bonuses for customers. Earn a whopping 50% per sale! Low refund rate.
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