Are Music and Small Business Creativity Leaving Us?
A Rick E Norris, An Accountancy Corp Publication
Issue: # August 12th 2015
Welcome to the LA CPA Expose’ . These articles outline business and personal financial advice on a variety of topics. You should always consult your professional and legal advisors before implementing any new strategies.
Pareto’s 80/20 Principle: Business Playing the Odds
Amazing, just amazing. No more than amazing, it was magic. That was my first reaction to the 80/20 rule when I reached into my pocket and saw that 20 % of the coins equalled 80% or more of the value. So, I read the book The 80/20 Principle, The Secret to Success by Achieving More with Less by Richard Koch.
That was a few years ago. Since then I have applied the concept of the book (and the 1906 Italian economist Vilfredo Pareto who created the principle) in many business situations. Here’s a few conclusions:
Policies, Processes and Procedures can Save a Business and Even Lives
Do you run your business by the “seat of your pants?” Do you engage company policies, processes and procedures? Do you know how these three concepts differ? Join Rick and Brandon as they lift the veil off these seldom implemented small and mid-sized business necessities. Learn the importance of these components in Rick’s story as a Mounted Volunteer Patrol serving in the Santa Monica Mountains with his wife Judy, as they responded to a life-threatening emergency. Listen To Our Podcast Here
Is Music and Small Business Creativity Leaving Us?
Have you heard? We’re still in a major recession. Well, not according to our government.
However, according to Paul Resnikoff’s article, What is the Economy Doing to Creativity , our current economic disaster may quiet musicians because of their prolonged economic struggle.
I think Paul is on the wrong side of history. Artistic and business creators could not have a better feeding ground than our current economic condition:
Policies, Processes and Procedures can Save a Business and Even Lives
