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Rules from the BABY’s Book on Becoming a Billionaire
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Rule #152: Don't be afraid to embrace the mantra: Less
can often be more except in the case of Parmesan cheese on Caesar salad.
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Rule #291: Since there are no doors on cubicles, never
trade stock or cash for a bigger business card.
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Teaming up for trouble. Today's management gurus have incited an
"epidemic of cooperation" with tremendous focus on team activities, meetings,
and communication which, according to Kevan Hall, may actually impede a
productive and efficient workplace.
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(S)He's an angel. As the number of women technology entrepreneurs
increases, the number of women who are comfortable entering the traditionally
male-dominated area of angel investing is also increasing, says Connie Koch,
Keiretsu Forum Southern California.
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Touch all bases and score. Communicate regularly with service providers,
including accountants and attorneys, to avoid striking out in the success game
with costly mistakes, advises Sue Watson, LevitZacks, in our Ask the
Expert segment.
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Just don't call me "stupid." Rewarding employees with embellished titles
is nonsense—titles won’t improve skills nor pay bills
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Working the whatchamacallits: Studies show consumers typically purchase
technology products for features instead of function (known as “feature creep”)
resulting in higher service requirements and lower overall satisfaction.
Connie Koch is the president of Keiretsu Forum Southern California. She is also
an angel investor and successful serial entrepreneur. with retail,
telecommunications, printing, graphics and forms design, technology, Internet
community development experience. She has served as CEO/COO over companies in
publications, telecommunications, technology with enterprise management
systems, public relations, and fundraising. Keiretsu Forum is an investment
community of accredited private equity investors, venture capitalists and
corporate/institutional investors. Forum members invest in high-quality,
diverse investment opportunities. The community is strengthened through its
involvement in social and charitable activities.
Sue Watson, Chief Operating Officer of LevitZacks CPA’s, is the most recent addition to
the leadership team. After working with the Levitzacks’ team as a client for
the past 20 years, Watson stepped to the other side of the desk and became the
COO in February 2007. Watson successfully led San Diego’s largest locally owned
ground transportation provider for four years, taking that entity from a
stagnant position in the market to a blossoming enterprise, ultimately leading
to its sale to an international transportation giant. Prior to that, Watson
worked with one of San Diego’s local venture capital funds as their CFO for 13
years. That position allowed her to participate in more than 30 merger and
acquisition transactions, providing her with the experience of working with all
phases of an entity’s lifecycle from start-up through disposition. Sue is a
native San Diegan, a graduate of the University of San Diego Business School,
and lives with her family in East County.
Kevan Hall is the author of Speed Lead: Faster, Simpler Ways to Manage People, Projects and
Teams in Complex Companies. He is founder and CEO of Global
Integration, a worldwide group of consulting and training companies
specializing in the skills required to work in complex, international
organizations, and he has corporate experience in international line
management, HR, training, and strategic and market planning and manages his own
global organization.
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