Tuesday, June 22, 2010

The Father’s Day Balance Sheet

I had wanted just to post the link to this article but then I decided to put it full on my blog just in case post was archive and remove. It is worth keeping it permanently. Please read it for all its worth…. God Bless!
----------------------------------------------------------------------------
The meaning of Father’s Day has changed for me over the years. My father has been gone a couple of years now, and my kids are almost out of the house. I’ve been a father for 28 years, an entrepreneur for 32. As with any demanding job, balancing the responsibilities of parenthood with the responsibilities of the business has been a challenge. My perspective has changed, and I write today’s post for the benefit (I hope) of younger parents, fathers and mothers, who are dealing with this struggle.

People used to tell me, “There is no old man lying in his death bed wishing he would have spent more time at work.” When I used to hear that, I understood and felt confident that I wasn’t one of those guys who were out of whack. I didn’t travel too much, I was usually home before the kids went to bed, and we took some vacations. The words I would use to describe my 32 years in business include drive, excitement, disappointment, resolve, adventure, fear, satisfaction and progress. I have a new word to add to my list: regret.

I avoid using it in business because I have learned that while torturing yourself can be useful in learning a lesson, it can also be a waste of time and bad for the psyche. I have made hundreds of mistakes over the years and would like to think I have learned from them. I have learned not to look down and not to look back. That is why I love business. You usually have an opportunity to improve things and make them better, using your new-found wisdom from your latest mistake. The end of each year is an opportunity to start with a clean slate.

But your kids’ childhoods don’t work like that. Whether it is that gut-wrenching day when you drop them off at college, if you should be so lucky, or the day they move out, there is an end to their childhoods. There is no going back. And there is plenty of opportunity for regret.

While you are at battle every day to build the business, or even just to stay in business, it is easy to justify skipping the vacation, coming home late, or working on the weekend. The harsh reality is that it is sometimes necessary. And sometimes it is not. That is where the regret comes in. I was home, but was I really there? Or was I thinking about the bank loan? Or the problem employee? Or the end of my lease? And then there is the pushing for fast growth. Instead of enjoying a few years of sanity when you finally get things under control, you seize the opportunity to expand and get in more trouble! It is hard to control ambition, but like many things in life you can have too much of a good thing.

I went to dinner years ago with a neighbor who had taken over his family’s business. He casually commented, “I’m sure you have your kids’ college educations taken care of.” I said no, not a dime. It was all in the business. I was not surprised that he had money put away. He was running a very successful business that, to his credit, had grown considerably after he took it over from his father. What surprised me was that it apparently had never occurred to him that not everyone in business was in the same financial position he was. He took more vacations than we did, played golf regularly and belonged to a country club. He didn’t work weekends. I don’t think he lost a lot of sleep over paying bills. It didn’t really bother me; I just knew that I was in a different situation.

Which gets me to my Father’s Day (and belated Mother’s Day) wish for all of you who are raising a family while trying to raise a business. Add one more thing to your list of goals, along with more sales, increased profit, improved products or service, lower debt and whatever else. Call it an investment in your kids’ childhood equity: time spent going to the zoo, taking vacations, helping with homework, playing catch, baking cupcakes, doing whatever your kids want to do. And doing them even when you are tired, frustrated, distracted and broke.

They really will be on their own before you know it, and you will be running (we hope) a successful business. Here is the million-dollar question: Would it be better to be worth 20 percent less and know that you went out of your way to spend as much time as you could with your family? At the end of each year we look at the income statement to evaluate our company’s performance. Maybe we should do the same for our personal life. We could call it the outcome statement. It might give a whole new meaning to the term “balance sheet.”

Happy Father’s Day.

By : Jay Goltz
http://boss.blogs.nytimes.com/2010/06/20/the-fathers-day-balance-sheet/

Wednesday, June 16, 2010

SageCRM 7 officially Launch in Malaysia

CareWare Systems and Sage Are Set to Transform the Business Software Experience for Malaysian Companies with June 2010 Launch of SageCRM

CareWare Systems Sdn Bhd to offer comprehensive software demonstration webpage showing Malaysian companies how SageCRM 7.0 will streamline business processes and improve productivity.

Petaling Jaya, Malaysia (PRWEB) June 13, 2010 -- CareWare Systems Sdn Bhd is taking an active role in the June upgrade launch of SageCRM 7.0, which is customer relationship management software from Sage for small and mid-size companies. CareWare Systems, a Sage business partner in Malaysia for the last 20 years, has developed a comprehensive webpage it believes will demonstrate how SageCRM will help Malaysian companies of all sizes operate more efficiently and with greater visibility across the entire business.

According to Robert Tan, managing partner of CareWare Systems, SageCRM has the potential of transforming the way a company runs the front and back office. “SageCRM 7.0 used as a stand-alone CRM system offers many ways to automate sales, marketing and customer service functions,” explains Tan. “Combining SageCRM with Sage Accpac ERP, Sage’s flagship ERP software, takes that productivity gain to a much higher level through system-wide integration between the two applications.”

SageCRM features out-of-the-box integration with Sage Accpac, which means that a company running Accpac has to do no actual work beyond a simple set up of SageCRM to begin enjoying the benefits of integration. Tan says: “Much of the work a Malaysian company does in accounting ERP systems can be done in SageCRM. Businesses can utilize SageCRM’s easy-to-use online interface to create quotes, place orders, view and order inventory, send invoices, handle cash collections and much more. Plus, having it all online means employees can work from virtually anywhere while easily accomplishing key business tasks,” he adds.

According to Tan, CareWare Systems prides itself on offering cutting edge technology to give companies in Malaysia an advantage over the competition. One way he plans to demonstrate the extent to which SageCRM will save Malaysian businesses time and money is to invite them to a webpage created especially for the CRM launch. “We want Malaysian business customers to get the complete SageCRM experience, which is why we have links to online software demonstrations,” Tan says. “To stay competitive in today’s market, businesses have to work smarter, anticipate customer needs better and eliminate process redundancy. SageCRM with integration to Sage Accpac does just that,” he adds.

For more information on how SageCRM and CareWare Systems can turn your business into a productivity leader, visit :http://www.careware.com.my/index.php?mid=1740  to watch a CRM software demo today.
---------------------------------------------------------
CareWare Systems and Sage Are Set to Transform the Business Software Experience for Malaysian Companies with June Launch of SageCRM , was successfully distributed via PRWeb on June 13, 2010 and is now available online at: http://www.prweb.com/releases/2010/06/prweb4128604.htm