Warren Buffett and Ford Motor Company Have Some Good Numbers to Show

Business Motivation for Getting America Back to Work

The Biz Desk
What a year it’s been in business! As some companies continue to hang on for dear life, others are still pulling in good numbers. A few years ago the auto industry was on the skids. They were closing down dealerships and scaling back manufacturing. But now they seem to be on the up-and-up.

Ford Motor Company is riding high in the U.S. even after not taking bailout funds from the government. The year in review is a good time for considering:

  1. Core – Think about what makes you strong and what for you is of central importance
  2. Floor:- Make plans to travel the distance starting from where you are right now
  3. Explore:- Develop your resolutions, move into new directions, make tough decisions
  4. D’jor:- Savor the joys of the holidays and the successes of the past season.

The holiday season can be a tough time for people who’ve experienced a job loss or some other personal loss. From a business perspective even after repeated financial loss Ford is again making strides. Let the end of year festivities be a celebration and motivation towards your next destination.

The Biz Desk invites you to post your comments below or you can send a personal note on Facebook or Twitter to @DocCunningham; on Linkedin to @DOCCommunications.

Work Life
Warren Buffett is one of the richest men on the planet. He’s built his wealth through business investments. His rise to the financial mountaintop has been for the most part slow and steady. He has a knack for buying low or making purchases for which others are saying no. It’s the way he approaches his investment decisions.

Buffett’s Berkshire Hathaway company holdings include GEICO, Fruit of the Loom and Pampered Chef. Most times he goes for underrated, under-funded companies that offer great untapped potential. Buffet’s career journey might represent the frugal and unglamorous sides of business but has been built around the fundamentals:

  • Keeping the boss happy (himself)
  • Upgrading his visibility
  • Providing a higher level of service
  • Finding more room to grow

Even as many industry insiders debate whether print media is losing its muscle, Buffet’s company recently bought an Omaha Newspaper group which makes you think he sees value that others don’t.

Life’s Work
These days Buffett is being quoted by many politicians. It’s often said that the current tax rate makes him pay less in taxes than his secretary. It’s one reason he’s open to the idea of the rich paying their fair share. But not every politician is on board with that idea.

He also raised eyebrows when he signed a pact to give away most of his wealth to charity and other philanthropic causes. Buffett life’s work reminds us of the fact that you can’t take it with you. A large portion of his portfolio is being earmarked for the Bill & Malinda Gates Foundation.

Street Talk (Social Commentary driving change!)
Newt Gingrich has been rising in the polls recently. Some believe it’s because he’s gained some of the Herman Cain supporters. Others think it’s just his turn for having “15-minutes of fame” in the Republican field. His comments about “poor kids working as janitors” made a few people hot under the collar.

Some politicians keep saying that President Obama is pushing “class warfare.” In one corner you have rich politicians beating up on the poor. Who’s in the other corner? They make it appear as if the poor are beating up on the rich. So, is this class warfare or is it just politicians doing social-class bullying?

What Can Tiger Woods Teach American Airlines?

Business Motivation for Getting America Back to Work

The Biz Desk
Is Tiger Woods back to his winning ways? The jury is still out. But his recent tournament win is a good start. Woods hadn’t won a major championship in two years. Meanwhile, back at the ranch, American Airlines recently announced that it plans to file for bankruptcy.

Woods has had to work hard to recapture his magic. American Airlines will be doing the same using the “reinvent yourself playbook:”

  1. Rethink – How you see yourself affects how you sell yourself
  2. Regroup:- Starting over doesn’t always mean from scratch but definitely from below the surface
  3. Retool:- Figure-out what you need that you don’t have and what you have that you don’t need
  4. Replay – Let’s see you perform again like old-times, just upgraded to the present time.

They say “you can’t teach an old dog a new trick.” That’s not always true for dogs, for people or for businesses. For Woods, American Airlines or someone unemployed to return to their past glory days, they might have to learn a few new tricks in order to be among the top picks.

The Biz Desk invites you to post your comments below or you can send a personal note on Facebook or Twitter to @DocCunningham; on Linkedin to @DOCCommunications.

Work Life
Woods has been one of the most dominant pro golfers in modern times. He’s rack-up championship wins even faster than some of his predecessors. Advertisers were thrilled to sponsor his events and fans were pumped to watch him play. Then things went sour for reasons you already know.

He took some time-off from the spotlight to rethink and regroup. He made some changes to his support team and equipment. He spent time re-tooling his swing by watching video replays of past performances. It’s almost as if he had to ask himself the question, “What are you looking for career-wise?” The answers he had to choose from include:

  • A rigorous skills assessment
  • Being the boss
  • Attending Self-taught University
  • Networking in aisle 10

Woods’ play is not out-of-the-woods (pardon the pun) quite yet. He’s got to keep on working on himself as well as his game to be a top contender again.

Life’s Work
On a recent post-play interview, Woods was asked about his normal day. There was a time it was tough to get a scoop from his personal life. His response said something about his ongoing personal growth. He took pride in sharing how he was taking his daughter to dance lessons.

Maybe Woods wants to be an example of having balance in your personal and professional life. He may now think it’s better to give both the attention they deserve than to be good at work but lousy at home. Similarly, your vocation in and outside of your day’s work brings more meaning to your life’s work.

Street Talk (Social Commentary driving change!)
Grandma is upset with the TSA! It seems on recent trips to the airport, a few senior citizens were given the frisk search. They were surprised by how much “touching and feeling” had to occur. So grandma is planning to file suit or at a minimum work on her strip tease routine.

A few weeks earlier the complaint came from a family with a toddler. They felt that the agent went too far. Most people feel there’s got to be a better way. Has common sense been thrown out the window (like throwing out the baby with the bath water) or is airport security a “hard to please everybody” situation?

Shaq & “Magic” Got into Business with an Investment Perspective

Business Motivation for Getting America Back to Work

The Biz Desk
Shaquille O’Neal and Magic Johnson have been doing their media rounds. Both are talking shop about the recent NBA lockout. Shaq is also promoting his new book while Magic continues to be a spokesperson for AIDS awareness. They have used their NBA careers to become entrepreneurs and philanthropists.

Entrepreneurs come in different shapes and sizes. So it’s good to know the business models that apply:

  1. Creator – Some are known as serial entrepreneurs for starting many businesses
  2. Builder:- There are those who’re good at building something someone else started
  3. Investor:- This is how a venture capitalist entrepreneur makes his money
  4. Hustler – The art of any business is in how you turn an idea into a hustle.

Neither Shaq nor Magic went into pro basketball as entrepreneurs. Their earnings over the years have helped them to invest in franchise and entertainment ventures. This might also be true for many of today’s professionals. Starting a business may not be in your blood, but it may be in your future.

The Biz Desk invites you to post your comments below or you can send a personal note on Facebook or Twitter to @DocCunningham; on Linkedin to @DOCCommunications.

Work Life
Shaq announced his retirement earlier this year due to injuries. He played 19 seasons and won four championships with the LA Lakers and Miami Heat. He’s been on the NBA All-Star team for practically his entire career. When you consider his accomplishments as a player, he’s sure to be in the Hall of Fame.

Shaq grew-up on the streets of Newark and found basketball as a perfect fit for his physical stature. He played college ball on scholarship at LSU, leaving as a junior to go pro. He later returned to complete his degree and now that he’s retired from the NBA he’s showing how you create an upside in your career.

  • Find your inner motivator
  • Expand-on your passion
  • Develop your professional “itch” to get rich
  • Deliver exceptional results

Shaq has earned so many nicknames during his playing days. It just shows how he’s been able to mix passion and personality on and off the court.

Life’s Work
Where were you 20 years ago when Magic announced his retirement? It came suddenly and was immediate. He was diagnosed with the HIV virus. Doctors felt that for his own health, if he wanted to be around a while longer he should pack it in. Well, he’s still here thanks to early detection and medicine.

He shares how important it was to have a positive attitude. The support from his family went a long way. But maybe one of the things that kept him going is his life’s work in HIV awareness. Sometimes your life’s work happens out of natural or life-changing circumstances that give you a new sense of purpose and perspective on your existence.

Street Talk (Social Commentary driving change!)
The NBA players and owners have reached an agreement. The lockout ended as players return in a hurry. The reduced season is set to begin on Christmas Day. Players began losing money, owners were losing patience and fans were about to lose their minds watching millionaires argue with millionaires.

Whatever the revenue sharing agreement, let’s hope everybody’s happy. It seems the rich will shutdown the business to make more money and fight the government against paying more taxes. So, was it the pain of losing their paychecks that got them to settle or was it about them coming to their senses?