Mike McLoughlin's Blog

Is this about Ethics or it about Wise dealing?

Mike McLoughlin — Tue, 26 Jul 2005 11:23:04 -0700

In the Outer has a post about Marketplace Ethics, Part I. I don't think this is about ethics, I think it is about wise dealing.

Customers pay for value received.

If another company can provide the same value that you provide at half the cost then you need to examine your business model and figure out a better way of providing that value.

If a competitor cuts the price ...

Planning A Successful Small Business Seminar Introduction

Mike McLoughlin — Wed, 19 Jan 2005 09:37:08 -0800

ver the past 10 days I have posted a series of articles that were written for the workbook - Planning a Successful Small Business. Here is a list of the articles and a description of the seminar.

Seminar Content

Serving God's Purposes in Business

Most of all, Succeed in Love

Purpose beyond Profit - Principles for True Success

Commit Your Plans to God - Planning for Success

Conduct ...

Fireproof for God - True Success in Adversity AND Prosperity

Mike McLoughlin — Tue, 18 Jan 2005 09:12:57 -0800

avid Livingstone came to Africa with a vision to end the slave trade. He proposed to accomplish his vision by preaching the gospel to the people of Africa and opening the interior of Africa to lawful commerce.

He said to a friend in a letter written in 1865: "I would not consent to go simply as a geographer, but as a missionary, and do geography by the way, ...

Serve Your People - Staffing for Success

Mike McLoughlin — Mon, 17 Jan 2005 09:02:18 -0800

contemporary definition of management is "getting things done through people". For the workers to do the things management wants done, they must be motivated to do those things. The typical way in which management gets things done through people is by exercising its authority over people. The motivation is a "carrot” or “stick" approach. The carrot is the monetary benefit of employment; the stick is ...

Source for Eternity - Budgeting for Success

Mike McLoughlin — Sun, 16 Jan 2005 09:50:31 -0800

udgeting. What is it? A fundamental maxim in the discipline of accounting is the principle of Conservatism. This principle states that revenues should be underestimated and expenses overestimated so that the risk of loss will be minimized in the business enterprise. Risk is an ever-present reality in the planning of a successful small business. Entrepreneurs risk their capital investment to produce products and services. Banks risk their money when ...

Exalted by Faithfulness - Managing for Success

Mike McLoughlin — Sat, 15 Jan 2005 09:26:50 -0800

ree enterprise is based upon the supposition that the individual has the freedom to choose what he will do, where he will do it and when he will do it. An independent spirit is what characterizes most entrepreneurs. The businessman is "his own boss". He has his ideas of what needs to be done and so he does better working for himself than for another person. To manage his ...

Conduct Becoming of a Christian in Business - Marketing for Success

Mike McLoughlin — Fri, 14 Jan 2005 09:10:11 -0800

arketing is the method by which wealth is achieved and by which it is distributed. Marketing is the process by which sellers promote and sell their goods and services to buyers in the marketplace for a price.

Marketing is made easy by money. Instead of buyers exchanging product for product, they use money to purchase their products and they generate money from the sale of other products. Money is ...

Commit Your Plans to God - Planning for Success

Mike McLoughlin — Thu, 13 Jan 2005 09:47:16 -0800

very building must have a blueprint, every automobile a design, and every institution of action a course that it intends to follow. So every business needs a plan by which it will succeed. Any enterprise is built by wise planning, becomes strong through common sense, and profits wonderfully by keeping abreast of the facts (Proverbs 24:3, The Living Bible Version TLB).

Planning is the process by which one ...

Purpose beyond Profit - Principles for True Success

Mike McLoughlin — Wed, 12 Jan 2005 09:24:24 -0800

urpose in Business - What is it? In the first chapter, true success was defined as eternal relationship with God and with others. This is not the definition of success that is emphasized in most business schools or seminars. That type of success is primarily concerned with monetary profit, increased production, and achievement of business goals. Business people want success in these areas because they are looking ...

Most of all, Succeed in Love

Mike McLoughlin — Tue, 11 Jan 2005 10:16:09 -0800

uccess - What is it? The word "success" is often used in the title of books and articles promoting information for business people. A British company publishes over thirty study books for academic courses all of which have titles beginning with the word success (e.g. Success in Commerce).¹ The word is used in the title to attract attention to the book. All business ...