Friday, September 14, 2018

Golden-Nugget Shares - Business, CRE, Tech and AI - September 10-14

Also publish on LinkedIn Articles and our GoogleGroup InfoPortal

REMINDER:  We do ANALYSIS of Real Estate LEASEES, PROPERTIES, BUSINESSES

GOLDEN NUGGETS OF INFORMATION


Last week we introduced a powerful method of marketing - post “Golden Nuggets of Information” on Social Media multiple times daily or in regular emails (every 5-15 days).  We’ve been sharing the essence of articles and a few powerful comments regularly on social media.  They are: 
  • Quickly consumedmemorable and powerful
  • Linked to the source for much-deeper information
  • The editing and summaries show understanding and thought leadership
  • Mainly share content from professionals in Commercial Real Estate, Business Consulting, and Thought and Executive Leadership
Of those shared, the savvy ones Like or Comment on these "Golden Nuggets" as additional exposure, as well as serve the community and remind their followers of their wisdom.


BUSINESS AND COMMERCIAL REAL ESTATE GOLDEN NUGGETS - SEPTEMBER 4-14


Commercial Real Estate (CRE), Technology and AI

CREtech: 8 TECH TOOLS FOR REAL ESTATE COLLABORATION - Workframe, Dealpath, Trello, ClientLook, MREN, Samepage, Box, dotloop. "Working around the world with distributed teams requires winning collaboration tools for outstanding client service. These 8 tech platforms have friendly user interfaces and simplified information. Some are purpose-built for the commercial real estate industry while platforms are flexible enough to fit unique needs." (edited) Lnkd.in/ebDGAbT

GlobeSt.com: CRE ROBOTIC PROCESS AUTOMATION (RPA - Lnkd.in/ehwdgrb):
  • "Autonomous vehicles, blockchain or drones could remake CRE, but widespread adoption is years off. However, RPA is already having an impact, automating record maintenance, web-page scraping, etc, making worker's jobs easier to perform. Will it replace workers?" (edited) 

  • ELIMINATE JOBS? Or create new, higher-paying jobs? "Forrester Research predicts by 2021, RPA will be doing the equivalent work of nearly 4.3 million humans worldwide, and automation programs underway at State Auto Insurance Co's in Columbus OH, doing the work of a dozen FTEs. 'This isn’t about some far future of work - change is already happening, and accelerating,' PwC said in its 2017 'Workforce of the Future' [the meaning of 'talent' is changing - download Lnkd.in/eFiSZJS]." (edited)
  • HOW SHOULD OFFICE CRE PREPARE? Changes are obvious right now: low-level jobs will be affected, but could eventually affect mid-level jobs. 'So far, new technologies have CREATED more jobs over the last century than they have eliminated, and in the last 15 years new job categories were created, which should continue, and support wider employment and adjacent jobs. CRE professionals should focus on flexibility and efficiencies, [as well as re-training].'" (edited)
Michael Beckerman is an expert on Tech in Commercial Real Estate (CRE), and recommends this Sep 27, 1pm ET, FREE, NON-SALES webinar, "Future of Real Estate and Technology: Trend Analysis from MIT's Center for Real Estate - Changing urban dynamics coupled with advancements in technology will lead to a reshaping of the way business is done in the real estate industry. What can you do to prepare for rapidly changing technology? How can real estate professionals win today and still be prepared for tomorrow?" (edited) Lnkd.in/ezZpW8h 

Commercial Real Estate (CRE) and Business


Stephanie Vozza: PHRASES KILLING INNOVATION (cont'd) - WHEN I WORKED FOR... "Innovation is about the unknown, and trying to compare it to a past experience will constrict the conversation, versus establish expertise. It’s possible that company isn’t even doing it that way any more." (edited)  Lnkd.in/eCzFu9F


Frank Kusmer: GROWTH DEBT CAPITAL-RAISING TIPS (Lnkd.in/emKvz7f):
  • "Proper RECORD KEEPING, is too-often lacking among busy entrepreneurs, It's critical to maintain detailed professional financial records and annual fiscal statements, or you'll turn off a lender and shows poor managerial skills." (Edited - from last week)
  • "YOUR PLAN: Be fully prepared with a current business plan, showing past performance of your company, exactly how you will be spending the amount loaned, the competitive advantages, projected results and your capability to service the debt." 
  • "TIMING.  Borrowing when your business is weak or heading into a crisis may cost more [if still possible].  Anticipate and plan for all your cash flow or project requirements, and seek financing [well] before you start to feel the pinch." (Edited)
  • "RIGHT AMOUNT.  Care is needed in taking on debt, but underestimating the full costs of an expansion or project and borrowing too little can result in a serious cash flow issue when later facing unexpected expenses. Ensure your forecasts include all scenarios and contingencies for unforeseen expenses." 
  • "BEYOND INTEREST RATE.  The loan size, term, repayment flexibility and collateral requirements can be more important than the interest rate.  Examine and weigh all of the loan terms carefully," for optimum life-cycle cost.  (edited) 
  • "INVEST in YOUR BUSINESS.  Paying the loan back quickly is not always a good goal - better spent growing your business. If the return on investment in your business earns more than the interest saved by paying down the loan faster, then consider slowing down your rate of repayment to the minimum." (edited)" 


Enzo Calamo: REAL WEALTH MANAGEMENT (such as your CRE (edited - extending beyond family offices - Lnkd.in/eCnpw44):
  • "HEALTH MGT. You don’t even need to be seriously ill to see that your health, and the health of your loved ones, must always be your number one priority.    
  • "TIME MGT. There are different time frames to achieve our various goals, but there's only 24 hours in the present day. The present is all that is real - use it wisely."
  • "RELATIONSHIP MGT. There is no doubt that relationships are essential to our well being and happiness, so make relationship management a key focus.  (edited)
  • "FINANCIAL MGT. Though money should not be your #1 priority, your financial capital will definitely have a significant impact on your life journey. Money management does not lie - how a person spends his or her money will always reflect what is important to them in their heart." (edited)
  • "STRUCTURAL MGT. A dream is just a dream unless you do something to make it happen, whether it is people, process, products, legal structures, accounting and tax planning, finances or sales." (edited)
  • "EXPERIENTIAL MGT. Your life is at the very core of REAL wealth management. Experiencing your bucket list must be one of the top priorities in your life. Everyone has different talents and aspirations in life so real wealth management must be allocated fairly, not necessarily equally." (edited)
  • See article for Final Priority

Dave Kerpen: SECRETS to loving the WORK YOU'RE WITH (continuing Lnkd.in/eKVEAF8):
  • ENJOY LEARNING.  "It's an investment!.  As long as you're learning something new, there's a good reason to enjoy it, apply it to something you do enjoy working on (even if it’s a hobby or a passion project), and further your career.  –Scott Weiner, Founder, ClosingBell
  • "DISTRACT YOURSELF. When a dreaded task is looming, don't procrastinate or slog through the work. Listen to a favorite podcast or playlist, or break every 20 minutes Pomodoro-style and watch a five-minute video on YouTube to refresh. –Blair Thomas, Co-founder, eMerchantBroker.com LLC" 
  • "THINK BENEFITS. Do for a purpose. Think what's accomplished by completing the task - helps my perspective and attitude: more revenue, happier employees, a satisfied client or being more organized. –Angela Harles, Managing Director/ Co-Founder, AcrobatAnt" (edited) 

  • More next week 

Anthony J James: PREVENT BORING INNOVATION with the BUILD/BURY IT TEST (want a 'Yes!' and Buyers available for those with ALL 'Yes's - Lnkd.in/dkEE_SF):
  • "Does it respond to changes in consumer/business behaviour?" Many businesses will excel because they anticipate, or very quickly see,  market changes, then respond clearly and decisively with strong marketing; most will not and suffer.
  • "Is the value of the innovation easy to understand (even if technically complex)?"  
  • "Will its development inspire people to talk about it?"
  • "Is it genuinely new, and not just a new costume for old products and practice?
  • "Are you getting people calling you up to see how they can get in on the project?"
  • "Are you SO EXCITED about your innovation that you want to spend all your spare time thinking about it?" 

Jonah Berger: TIPS 4 BETTER GROUP DECISIONS (Lnkd.in/eCHF4Kw):
  • "VOTE PRIVATELY. Using written ballots encourages independence, allowing freedom to 'speak their mind.' Writing down a preliminary opinion before a meeting can help, making it harder to stray from one’s convictions, and increases the chance that diverse viewpoints will be heard." (edited)
  • "DESIGNATED DISSENTER. Another way to avoid groupthink is to encourage dissent. Appoint someone - for that meeting - to be a dissenting voice, providing counterpoints to arguments being raised, bringing up contradictory evidence and others to speak up and raise their own concerns." (edited) 

Oleg Vishnepolsky: Effective PROJECT MANAGEMENT KEYS (continuing Lnkd.in/ezQ5QsF):
  • "Force ISSUES into the OPEN. Discover and then force issues into the hands of people responsible for resolution," for accountability, delegation and collaboration. (edited) 
  • "TRACK AND REPORT Key Performance Indicators (KPIs).  Milestones, number of open issues, percent-complete, bugs, project expense."  Online database, even a GoogleDoc Sheet, allows contribution and viewing by the entire team.
  • "CREATE AND DRIVE REALISTIC schedules and project plans.  A plan is not a plan without all key participants understanding their tasks and responsibilities, without dependencies, without risks and issues highlighted and managed," AND making timely contributions to the internal communications system.  (edited) 
  • "KEEP EVERYONE INFORMED without over-communicating. Too many meetings and emails can really kill the energy and bring everything to a crawl. Too little, and you are operating in the dark. If the project managers are empowered and are on top of things, there will be no over-communication." (edited) 

Much more from earlier at LinkedIn.ProsperSystems.biz
LinkedIn • LinkedIn Company Page • Google+ • Twitter • Facebook • Facebook Company Page • USA 302KentonJ (GoogleVoice 302-536-8665 to mobile and Hangouts)


BRIEF • GROUP • Buying and Selling Interests • Subscription Consulting • Referral Income
NOTE:  We do ANALYSIS of Real Estate LEASEES, PROPERTIES, BUSINESSES and STARTUPS

Friday, September 7, 2018

Golden-Nugget Shares - Business, Tech and CRE - September 4-7

Also published on LinkedIn Articles and our GoogleGroup InfoProtal

REMINDER:  We do ANALYSIS of Real Estate LEASEES, PROPERTIES, BUSINESSES

GOLDEN NUGGETS OF INFORMATION

Last week we introduced a powerful method of marketing - post “Golden Nuggets of Information” on Social Media multiple times daily or in regular emails (every 5-15 days).  We’ve been sharing the essence of articles and a few powerful comments regularly on social media.  They are: 
  • Quickly consumedmemorable and powerful
  • Linked to the source for much-deeper information
  • The editing and summaries show understanding and thought leadership
  • Mainly share content from professionals in Commercial Real Estate, Business Consulting, and Thought and Executive Leadership


Of those shared, the savvy ones Like or Comment on these "Golden Nuggets" as additional exposure, as well as serve the community and remind their followers of their wisdom.


BUSINESS AND COMMERCIAL REAL ESTATE GOLDEN NUGGETS - SEPTEMBER 4-7


Berny Dohrmann for your insights re SOCIAL MEDIA ENGAGEMENT: "We appreciate incoming posts but lack time to engage, which takes patience and time. With 32,000 blog (BernyDohrmann.com) subscribers / 100,000's of monthly readers, most don't comment - into the ether? BUT, wherever I speak globally they come up saying HOW MUCH THE BLOG HELPED THEM! So engagement rate is not a gauge of your brand value and contribution. If brand impression is your goal - just keep doing it. If you're trolling for prospects, you have to revise format and process to that model with an expert - say Daniel Ruke." (Edited - reprinted from private message with permission)

Fabrizio Poli: "PRIVATE AVIATION MORE AFFORDABLE. Private aviation as an innovative way to travel by air, but the balance sheet has up until now prevented many companies from innovating. Single-prop, short flights change that, and requires a lot less runway than a jet and can also land on grass. London to Paris will cost around GBP£3,000 (USD$3,800), divide this by 8 passengers and you get £375 each ($475). Surfair are offering a monthly subscription for unlimited flights." (Safe, convenient, innovative, 4/2017, Edited) Lnkd.in/eCFWUxe


Brian Tracy: "As a salesperson, you are in the business of GAP ANALYSIS:' CLARIFY the need or the gap, BUILD buying desire, and put these ideas into ACTION." (Edited - more detail next week) Lnkd.in/esbf3JW

Dave Kerpen: SECRETS to loving the WORK YOU'RE WITH (cont'd Lnkd.in/eKVEAF8):

  • "REWARD YOURSELF. If dreading something that HAVE TO do, put it first on things to tackle, getting it out of the way, so I can focus on what matters that I'm looking forward to most. A reward can help, usually crossing it off the list. –Kayla Wagner Faires, Founder & CEO, Revel Interactive" (Edited)
  • "GOOD TEAMing. Doing tedious tasks with people you like and respect, in a warm and friendly environment, can be a pleasure with a good degree of camaraderie. –Matt Doyle, Vice President, Co-Founder, Excel Builders"
  • KEEP THE END IN MIND.  "Focus all you do to reach your goals, no matter how much you would otherwise dislike the task. Perspective is everything, and it's necessary to find enjoyment in the seemingly unenjoyable tasks. If your end goal is worthy then you should love any task you perform to reach it.  –David Tomas, General Manager, Cyberclick"  (Edited) 
  • More next week 

Frank Kusmer: GROWTH DEBT CAPITAL-RAISING TIPS (Lnkd.in/emKvz7f):
  • "Proper RECORD KEEPING, is too-often lacking among busy entrepreneurs, It's critical to maintain detailed professional financial records and annual fiscal statements, or you'll turn off a lender and shows poor managerial skills." (Edited - from last week) 
  • "YOUR PLAN: Be fully prepared with a current business plan, showing past performance of your company, exactly how you will be spending the amount loaned, the competitive advantages, projected results and your capability to service the debt." (Edited - from last week) 
  • "TIMING.  Borrowing when your business is weak or heading into a crisis may cost more [if still possible].  Anticipate and plan for all your cash flow or project requirements, and seek financing [well] before you start to feel the pinch." (Edited)
  • More next week 

Dr. Marshall Goldsmith: HOW 2 MANAGE KNOWLEDGE WORKERS (Lnkd.in/e7TK3fq):
  • LEADERs - DON’T PRETEND TO BE AN EXPERT! "Workers know more about their job than their bosses [and dig deeper to stay up with tech]. So how do you lead today’s highly-skilled professionals? Passion, support growth, value time, build networks and expand meaning," (Edited - from last week)
  • "PASSION. Many professionals work long hours, so it’s more crucial than ever that they love their work. Those who LEAD by example and DEMONSTRATE passion help their followers infuse the same passion." (Edited - from last week)
  • "STRENGTHEN ABILITIES. It’s critical that people update and refine their skills continuously. Leaders need to help their workers learn skills for tomorrow. Leaders also recognize that they may not be a technically competent as their direct reports." (Edited)
  • "APPRECIATE TIME: People have less time today, so the value of that time has increased. Leaders who waste their workers’ time are not looked upon favorably. Instead, they should help people to encourage their passions or enhance their abilities." (Edited)
  • "BUILD NETWORKS. Job security comes from having ability, passion and a great network. Enable people to form strong networks both inside and outside the company for: huge competitive advantage, strong loyalty, and expansion of knowledge for all concerned." (Edited)
  • "SUPPORT GROWTH: The best knowledge workers are working for more than money. They want to make a contribution and to grow in their fields. Leaders who ask their people, 'What can our company do to help you grow and achieve your goals?' will come back tenfold." (Edited) 
  • "EXPAND HAPPINESS and MEANING: No one wants to work at a meaningless job that makes them unhappy. Leaders must show their workers how the organization can help them make a contribution to the larger world and feel rewarded for doing something about which they are passionate."


Alfred Gizzo : UNDERUTILIZED ONLINE MARKETING STRATEGIES (Lnkd.in/eFgr9kV):
  • "FREE ONLINE ADVERTISING. Free advertising is offered by the top search engines: Google, Yahoo, Bing and Apple business listings. Search engines are competing for customers so need timely information." (Edited - from last week)
  • "DIY MARKETING EDUCATION. A few small moves could save a lot of time and money. Rushing to 'make some money becomes a hodgepodge approach versus a clear understanding of marketing ROI. Learn the right questions, know the alternatives and time-lines, and use simple techniques and processes that don't require much technical skill or time." (Edited)
  • "DEMAND CREATION vs FULFILLMENT. There are those who don't know they have a specific need or problem, and those searching for a solution, Marketing the same to both dilutes your message. Most products and services just need one or the other. Demand creation educates about needs and problems. Demand fulfillment satisfies them. Positioning is is vital." (Edited)
  • "Search Engine Optimization (SEO) or Social Engine Marketing (SEM).   Oftentimes a customized balance combining the two is best. There are many 'hows' with using SEO and SEM, but simple tweaks, insights and basic knowledge often make a huge difference." (Edited)

Anthony J James: TIPS 4 BUSINESS TRANSFORMATION (Lnkd.in/eQj8Tde):
  • "HIGH-PERFORMANCE DIGITAL TEAM, responsible for developing, testing, and implementing a strategy to reach and engage target audiences through digital channels like web, mobile, and social, working hand-in-hand with marketing and product leaders." (Edited - from last week) 
  • "CONSUMER EXPERIENCE must drive your consumer or 'user-facing' strategy. Don't believe you know what it "should be" - dooms you to failure. 'If you build it, they will NOT come' is a mantra that might have saved many entrepreneurs from disappointment and defeat!" (Edited - from last week) 
  • "'Instill a VISION of the fundamental change you want and how digital transformation can deliver it' (Perry Hewitt).  These discussions are shifting more from the 'how' to the 'who,'  as much about human capital investment as delivering new products and services." (Edited) 
  • "Embed DATA-INFORMED thinking in the culture.  Understand what to track, and create a culture of continuous measurement.  Be careful that people do not become obsessed with the numbers for numbers’ sake. Define what is actionable, and use data to drive that action." 
  • "COLLABORATION IS KEY.  ['Collaboration' is one of my Mantras - KHJ.]  Communication difficulties and old rules of business have conditioned workers to AVOID collaboration.  Learning to collaborate is not just competitively advantageous in a digital transformation economy, but it is a means of rediscovering our natural, creative and decidedly social selves."

Brad Smith: STRENGTH THROUGH VULNERABILITY APPROACHES (Lnkd.in/e7-pSyn):
  • "People prefer their leaders with flaws, because it makes leadership more attainable. By being candid about the mistakes you’ve made, or the open questions you have, others will appreciate your authenticity, and create a safe, open environment. Then, can real trust be created, and the best ideas emerge." (Edited - 3 approaches to follow) 
  • "ADMIT FAILURE and learn from it. My recommendation to invest $40M in a new venture produced 0.07%. When I explained to management what happened, where I'd been wrong, and what I’d do differently, I was told I was more valuable as a leader because I’d learned from this failure, 'Don’t make the same mistake again; go make a bunch of new mistakes, because that is how we grow.'" (Edited)
  • "SHARE your DEVELOPMENT.  Most keep performance reviews private, but sharing my goals and self-assessment with all my associates, openly commits me to focusing on improving in that area.  Ask teammates for feedback and the team gets better. This acknowledges we all have opportunities to grow, and welcome the support needed to conquer those challenges."
  • "SHOW EMOTION: Humans are emotional beings, and we shouldn’t be afraid to show it, even at work. I’ve been known to blink back a tear or two when discussing emotional decisions that affect people’s lives or reminiscing about people. It’s happened in front of everyone from employees to our board of directors. At those times, These genuine moments don’t embarrass me - they make me stronger." 

Summary for August 20-31, "Golden-Nugget Marketing - Business and CRE" Article:
  • They are: quickly consumed, memorable, powerful, linked to the source, complimenting the poster's thought leadership, mainly on CRE, Business Consulting, and Thought and Executive Leadership, on many platforms. (See Lnkd.in/ezhafDR)

Much more from earlier at LinkedIn.ProsperSystems.biz
LinkedIn • LinkedIn Company Page • Google+ • Twitter • Facebook • Facebook Company Page • USA 302KentonJ (GoogleVoice 302-536-8665 to mobile and Hangouts)

BRIEF • GROUP • Buying and Selling Interests • Subscription Consulting • Referral Income
NOTE:  We do ANALYSIS of Real Estate LEASEES, PROPERTIES, BUSINESSES and STARTUPS