Wet Day Dingle: Taking a chance, and capital equipment purchasing.
The rain and fog today in Chicago has reminded me a bit of my stay in Ireland back in 1994. Dingle, by the way, is a town in Ireland. It was an amazing time for me, and going there without knowing a single person or even having a place to stay for my intended four month visit, still makes people wince a bit when I tell the story.
“Wow, I certainly couldn’t have done that”, they’ll say. Well, why not? I mean, sure I didn’t have a place to stay, but there are hostels everywhere, and with the work permit I had, I could always find some sort of work to keep me afloat, so my answer was then as it is now. . .absolutely– why not?
Life is about taking risks. Of course, some more important or ‘risky’ than others, but just about all worth taking. This parallel can, of course, be examined in our work lives when it comes to reviewing new solutions for our firm’s growth. Changing the way we do business and taking that risk can often be quite uneasy, but the payoff can be worth it. Be the guy/gal who thinks outside the box, look at new vendors, suppliers, and ways of doing business to IMPROVE business. If you are stale in your approach to solving problems without considering new tools and processes, you run the risk of stagnation and death.
I was watching a video on PBS last night about the building of the Panama Canal. For years the French tried to build the Canal to no avail, using a mix of new technology and old ideas. It was not until their failure and the assumption of the project by the United States that the MIX of new ideas spawned even NEWER technologies, which ultimately resulted in the Canal we know today. Cha’ cha’ changin’. Review your decisions frequently and you’ll be amazed by just how much you’ll improve your situation.
Along those lines, please check out these idea generating links!
If you are in a manufacturing field you may benefit from the work they do at Inventables.
Check out the The Capital Equipment Buying Handbook.
Article from Entrepreneur Magazine comparing leasing capital equipment to purchasing the same equipment.
Another such article from About.com’s Small Business Forum
Tons of great stuff here at the Allbusiness.com site.
Tons of white papers from Epicorp regarding all sorts of lean processing.
Cheers,
Doc Kane, Roscommon
Doc Kane is the president of Roscommon, a Chicago-based marketing communications firm that helps clients outsource their writing needs. Essentially, if it’s got words, Roscommon can help. His firm has the privilege of writing for some of the world’s most recognizable brands, including Abbott Labs and Aon Corporation, as well as a good number of small businesses and experts making a lot of noise in their own backyards. Doc has also been heavily involved in Internet marketing since 1994, and continues to help small businesses market themselves online via web content and SEO. You can visit Roscommon online at: www.roscommon.com
