Britain`s Got Talent, Not.April 21, 2009 We have been watching Simon Cowell capture global headlines, again. He is doing it in our country, but from England this time. Even as American Idol owns US network television our appetite is still enormous for more, and we find ourselves watching Britain's Got Talent.
Tax day has past, now we can focus on the rest of 2009April 16, 2009 If you watched the news yesterday, we were witness to 'tea parties" taking place all over the Country. April 15th is not a fun day for a lot of us. I like the enthusiasm, and I think it would be wonderful if this could lead to a third party establishing another viable alternative to our current two party system, which really means no options. The successful have a common mindset in businessApril 16, 2009 As NJOY NOW has become a franchisor, and a successful franchise system, we have been learning what mindset's need to be adjusted prior to accepting partners into our business. It is not unusual to meet excited prospects, that don't understand our franchise mentality. Without us working together, we do not help each other succeed. Here are some mind-sets that must be adjusted prior to becoming an NJOY NOW prepaid card distributor. Short-term thinking may = long term failure. Buying a franchise is faster then building a business from scratch. You are investing in an established system and product. It still takes time to make this NJOY NOW franchise stable, profitable, and a recognized brand to the consumers inside of the convenience store client you have. If you have trouble thinking beyond next year, your comfort will suffer as this business like all businesses takes time to mature. Are you a Maverick? A franchise works because of the blueprint established by the franchisor. Trying to reinvent the wheel, inside of a franchise system rarely helps anyone. There is always room to improve a system, but wholesale change is avoided as this is costly, and inefficient. Investor or business owner? If you are seeking a passive investment, stock brokers and financial advisors are the answer. A franchise is a business, and without being hands on, or having a hands on partner, you will not realize the true potential of your business. This even applies to a small, home based business like the NJOY NOW franchise. This distribution business is part time, but you are the owner, and responsible for the success or failure of your business. Now if you are investing through an advisor from Morgan Stanley or Merrill Lynch, they manage your money for you passively. Consumers may not be great franchise owners. Shoppers that buy businesses because of enthusiasm, without considering the responsibilies of operating the business are like people getting in line to own a Portuguese Water Dog because President Obama owns own. These urges need to be managed and the reality that this business must be run for the next 5, 10, 20 years. Are you ready? Consider this when you bring a new dog into your family as well. Hobbyist, find a business you love. There are countless opportunities that vary tremendously. If you are passionate about sports, retail, hardware or porn, try and select a business that will maintain this enthusiasm. You may do research, and this research may tell you that your ideal franchise may not be needed, but at NJOY NOW we firmly believe that your passion will help you become successful. You can transcend a market, and the inertia involved in establishing this product, category, market and business. State of the Industry. Convenience Store Reach, 2009April 15, 2009 We have recently spent time with the large players in the convenience store industry at the NACS State of the Industry Summit. CSP magazine, and NACS hosted this, and NJOY NOW has learned a lot related to what the convenience store industry needs through continued research with Nielson. 2 blogs for the price of 1. Adult Social Networking and Lenny Dykstra.April 13, 2009 Some companies may block access to Facebook on the job, but that hasn't stopped Forrester Research from estimating that social networking will be a huge priority of "Enterprise 2.0." If social networking is being adopted by business, what will happen and how will adult social networking expand? NJOY NOW has the answers, and in most circles, NJOY NOW is the solution, at least on the adult social networking and entertainment side. In a new report written for Forrester Research, the market research firm, analyst G. Oliver Young predicts that "Enterprise 2.0" applications will be a $4.6 billion industry by 2013. Social networks, Young wrote, will make up the bulk of that, with nearly $2 billion invested in them. This means we'll probably see a lot of intra-company networking tools (souped-up corporate directories, for example, or internal forums) as well as more interactive varieties of technical support. Not surprisingly, Young's report predicts the biggest adopters will be large companies where you can't just stroll over to the HR or IT folks for a little face time, and where instituting collaborative tools from 37Signals or Zoho could speed things up when not everyone's based in the same building (or time zone). On the adult social network and entertainment side, the market is already in place, and champing at the bit for a vehicle that allows more privacy, and freedom then Facebook. Forrester Research has done more analysis then needed for us at NJOY NOW. We read the market years ago, and have been a first mover on this new category, both as an adult social network resource, and a prepaid entertainment card for convenience stores and their customers. Behind social networking, the Forrester report asserts that the "Enterprise 2.0" landscape of 2013 will consist of mashups ($682 million), RSS technologies ($563 million), wikis ($451 million), blogs ($340 million), and podcasting ($273 million). As an aside, if you want to read a story of a mini meltdown, Lenny Dykstra, former center fielder for the World Champion 1986 Mets has not been weathering the economic recession well. Here is an article from GQ magazine by a disgruntled former Lenny Dykstra employee. Jim Cramer from CNBC was long Lenny Dykstra in a large way. Cramer has worshipped Lenny's baseball career and his financial moves on his show, Mad Money with Jim Cramer. Cramer... sell Lenny, I think he has been delisted on the exchange. Another pie in the face of Jim Cramer. Think Your Job Sucks? Try Working For Lenny Dykstra Lenny Dykstra was known as Nails, and was famous for slamming into outfield walls, and barrelling through catchers at home plate. Lenny might agree that slamming into a wall in center at Shea is far less painful then financially slamming into immovable objects. This is a small example of the difference between CEO's and professional athletes. Now, as for Jim Cramer... NJOY a New Adult Social NetworkApril 09, 2009 If you haven't visited njoynow.com lately, please do it, now. Finish reading this post first. |