Economic crisis is not the cause of business collapse

Many businesses today have been brought down not only by the global recession but also by mismanagement. It is not in order to assume that the global economic crisis should only be working against your business. Many managers who are failing today are blaming the bad economic conditions for their poor performance. A good business manager should be able to look for effective ways of handling a bad situation and getting the best out of it.

One of the most deceiving business ideas is that by putting your eggs indifferent baskets, you are going to be successful. Most of the managerial trainings include what is commonly called ‘portfolio management’. This theory supports the idea of investment diversification. This is why managers think that during bad financial moments for the business, they need to diversify their investments in order to reduce the risk of losses. This may not be a solution if the management style is wrong. A poor manager will still fail even in a diversified portfolio.

Many are left wondering about what they should do if diversification is not working. The truth is that diversification should only be left for those who are not sure of making it in one line. Instead of diversifying your investments, you should be thinking of specialization.

You should be looking for the best business strategies that can make you a king in your line of operation. Unfortunately, many business managers view success as only retaining some profits for the business. Very few people are endeavoring to be the most outstanding businessmen.

Friday, July 31, 2009

You are what you eat and drink

Did you know that you are what you eat and drink? So, watch what you eat and drink if you dream of staying long and healthy. One of the most amazing things is that many people were taught on what to eat and drink at their elementary level but end up eating junk. I want to remind you of the few rules to keep you healthy and strong.

You need to ensure that you include fruits and vegetables in your diet. This can be simply done by adding salads to every meal. Snacks should be substituted with a fruit or a fruit juice. Avoid eating foods that are extremely rich in starch. Remember the rule that says that your breakfast should be the heaviest.

Drinking too much alcohol is harmful. Can you try to substitute alcohol for fruit juice, and if you can fresh water? Drinking water stops a craving for alcohol and dehydration. Studies say that it is dehydration that causes bad hangovers. You need to know that the sure cure for a hangover is not one more bottle but plenty of water. Six to seven glasses of water are good for your health. Remember that water is a natural blood purifier.

If you are eating out, for example in buffets, make sure that you eat fresh. This means that you must careful to you eat vegetables. Avoiding highly spiced foods is a proper pre-requisite for eating out, especially if you are allergic or have stomach upsets.

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