| Attention Coaches! Did you know there are over seven million privately owned companies in North America? Connect with the universe of family owned companies who need your services as a coach who speaks their language! Add your profile to our directory of professionals right now. |
|
Commercial Real Estate Mentors By Craig Higdon Coaching You to the Next Level I want to take a bit of a side-trip from my usual hard-hitting commercial mortgage loan and investment property advice. I had the opportunity to spend a few days at the Pacific Life Open tennis tournament in Indian Wells, California last week while on vacation and noticed a minor, but significant change in the rules. The change was minor in that the players were allowed to ask for a time out to spend time with their coaches between sets. It was significant because the opportunity to speak with their coaches helped several players turn their games around. For those of you not familiar with the rules of the Association of Tennis Professionals (ATP) coaching during a match was, until recently, against the rules. In fact, a player could be penalized points during a match if the umpire felt that he or she was getting verbal or non-verbal coaching tips during a match. I point out this concept of “coaching” because it has implications in commercial real estate investing. Have you ever stopped to consider why the best sports figures and Fortune 500 CEOs hire coaches? On the surface it doesn’t make sense. These people are the best in the world at what they do, so who is realistically going to be able to help them get even better? Well, as I’m sure you already know, the reason that they are the best is because they have coaches. Coaches provide several things for those at the top of their profession and those seeking to improve their performance: 1.An external, unemotional perspective to help the one coached see things that they can’t perceive about their performance. 2.Information on new aspects of the profession or related professions to help increase performance. 3.Networks of other professionals who can help in areas where the performer is weak. 4.Experience from their past challenges, helping the one coached move ahead faster. So what does this have to do with commercial real estate? Whether you’re just starting out or are a seasoned development professional, I can guarantee that you’ll get
Our articles continue...
|
Before you quit the day jobMoonlighting is a sensible way to set up a business during a recession, according to the founder of Notonthehighstreet.com, Holly Tucker, who for more than a year ran a company while working for someone elseBosses are a bad ideaThere are no managers or employees at the high-tech materials company WL Gore ? only "associates". "It's a very chaotic environment," says Terri Kelly, chief executive officer, with prideWork worth waking up forTired of the daily grind? Rhymer Rigby hears from people who have turned their hobbies, pastimes and passions into full-time careersA woman of two stylesThe head of GE in northern Europe mixes French idealism and US-style managementFrom the dump to the pumpA UK company is using landfill waste to run trucks for less than the price of dieselWorst times can be the bestA crisis creates an external rationale to make unpopular but necessary changes. In a downturn, investors and boards are more forgiving of short-term earnings dips that might result from actions to improve the organisation in the long term, writes Donald SullPlay the home advantageFrom shoes to scientific instruments, smart companies are using their local strengths to compete against formidable global rivalsView from the Top
Allan Cook, chief executive of Cobham, the UK aerospace and defence company, on the impact of government budgetary pressures and why the financial crisis may help solve a skills shortageFlexible working saves jobs and trims fatThe final part of a series on managing in a downturn looks at new work practicesSalesmen sitting prettyAfter selling their first venture, two friends are putting the 'up' into upholstery onlineDirect line to Japanese growthAfter four years, Acrodea's software runs on almost every new mobile in the countryIdentity revealed in the palm of one handBiometric systems are preventing both accidents and impostersOn the playing fields of BangkokMany British private schools are opening overseas offshootsLunches that make for better afternoonsFrom photography to sheep shearing, using meal breaks well can bring benefitsA thirst for successThe head of Carlsberg, has only once had to apply for a job ? and that was his first. He keeps getting approached, he says. "I have been lucky throughout my career...never having had to start looking."
better if you enlist a commercial coach or coaches to help you grow. So where can you find a commercial real estate investment coach? Let me note that we will soon release coaching programs for investors and loan agents who want to break into and excel in the commercial side of the business (email us here for more information: Coaching@InvestmentPropertyInsider.com). However, until those coaching programs are up and running, here are some suggestions on finding and using a coach to help you get better at investing faster: 1.Consider a retired commercial developer, investor, or real estate agent. You could check with a local commercial real estate office to ask if anyone is retiring soon or has recently left the business. Approach them with the concept of becoming an apprentice and giving them a piece of your profits. They might just enjoy passing on their wealth of experience. 2.Check with a local S.C.O.R.E. office to see if there is anyone who has experience in the commercial real estate investing or development businesses. S.C.O.R.E. is a non-profit business resource group and can be found at www.SCORE.org. 3.Do you know anyone in the business that is already successful? Approach them with the idea of becoming an apprentice, but be very mindful of their time when you do. Again, consider offering them some of your profits as compensation. 4.Consider a personal or business coach for hire. There are a lot of people in this business and some of them are very good. I’d caution you to be very careful whom you hire, however. You’re looking for a specialized type of coaching here, more than the generalized life coaching that a lot of these people offer. I would suggest a few other points in selecting a commercial real estate coach: 1.Make sure that they have actual experience in commercial real estate investment, sales, or lending. 2.Hopefully they will provide you with access to experts in related fields to help you understand all aspects of the business. 3.They should allow you to access other investors so that you can network, share resources, and benefit from each other’s experience. 4.They should provide an archive of useful information, resources, and tools for your benefit, accessible at any time you need. As I mentioned, having a coach handy helped several players turn their matches around to advance to the next level at the Pacific Life Open. You should strongly consider your own coach to help you get to the next level in your commercial real estate game, too. WANT TO USE THIS ARTICLE IN YOUR E-ZINE OR WEB SITE? You can, as long as you include this complete statement with it: ‘ “The Investment Property Insider” is published by Craig S. Higdon, a veteran commercial mortgage broker. He publishes the weekly e-zine and blog, www.InvestmentPropertyInsider.com, for commercial real estate investors, developers, and industry professionals. Visit the blog and get this free report: “The 7 Biggest Loan Mistakes Real Estate Investors Make And How To Avoid Them.”
Here are some more family business coaching articles...
Essential Rules Of Business Coaching By Kris Koonar The main objective of a business coach is to help other people improve their competence and proficiency while performing a specific task or a group of tasks through effective advice and guidance. Read more...
|
Mission, Vision And Values By Kim Olver A great deal has been written in business literature about how critical it is for a company to have a mission statement. Many companies jumped on board with this idea and created a mission statement. Read more...
|
Evidence Based Business Coaching By Kris Koonar The history of coaching in business can be traced back to the 1950-60s, when psychologists documented case studies for reference. Though coaching is a combination of counseling, leadership, Read more...
|
Tips Of A Successful Coaching/consulting Business By Kris Koonar Many business consultants today are playing the role of a successful business coaches, on account of the increasing demand for the personnel and the limited number of qualified professionals in the Read more...
|
| relationship coaching news: |
Work worth waking up for Tired of the daily grind? Rhymer Rigby hears from people who have turned their hobbies, pastimes and passions into full-time careers Bosses are a bad idea There are no managers or employees at the high-tech materials company WL Gore ? only "associates". "It's a very chaotic environment," says Terri Kelly, chief executive officer, with pride Workers ready to deal Strike action now will bring about mutually assured destruction for employers and employees. Pragmatic deal-making is the order of the day, writes Stefan Stern
Worst times can be the best A crisis creates an external rationale to make unpopular but necessary changes. In a downturn, investors and boards are more forgiving of short-term earnings dips that might result from actions to improve the organisation in the long term, writes Donald Sull A woman of two styles The head of GE in northern Europe mixes French idealism and US-style management Play the home advantage From shoes to scientific instruments, smart companies are using their local strengths to compete against formidable global rivals Slash 'n' burn is not enough Some companies are strong because of their market position, which is down to their people, writes Stefan Stern
A thirst for success The head of Carlsberg, has only once had to apply for a job ? and that was his first. He keeps getting approached, he says. "I have been lucky throughout my career...never having had to start looking." Wanted: a return to the thrill of small ads I have a sentimental attachment to the role of luck and industry in ferreting out obscure opportunities among old-fashioned classifieds, writes Luke Johnson
Sales people must get smart The old concept of the hard-toiling, road-warrior salesman has lost all relevance, writes Stefan Stern
'Uptitling' gains stature in troubled times With pay rises scarce, many executives are prepared to accept a more impressive job description in the hope that it will lead to advancement. CFOs peer into bleak future A series on managing in a downturn looks at the importance of the finance role North-east's new take on recession Being your own boss was once unusual in the region, but a lot has changed Leadership lessons from 1955 Some old officer training notes offer clear, purposeful and persuasive thoughts, writes Stefan Stern
Helping workers manage bad news Therapeutic consultancies are seeing increased interest in their services as the gloom deepens
Online University Design
An online university is a web site that provides a complete "one-stop shop" for all your employees' training
needs. By logging into an online university, your employees obtain information about newly released training
programs, guidance on the programs that are appropriate for them, registration services for both online and
classroom courses, and immediate access to their training records.
Online universities are not the exclusive province of large corporations. Small and midsize firms that do not
have their own private networks can provide online university services to their employees using an ASP
(Application Solution Provider) model. Many of the key features of online universities are now offered by a
national and international suppliers on an outsourced basis.
How to Teach Adult Learners
Many aspects of teaching adults are fundamentally different than those employed in teaching children.
Andragogy is a word popularized at the end of the twentieth century to describe the difference. This article
by D. Verne Morland, managing partner of ROI Learning Services, highlights the important principles in
teaching adults and suggests how they can be applied to business training.
How to Write Instructional Articles
Instructional articles are very different from articles in reference manuals, product brochures, or even
professional literature. This article by Herbert L. Bivens, chief learning officer of ROI Learning Services,
defines instructional articles and describes how to write them.
Put Earn in Your Learning
Many companies view training as a component of their employee benefits package - an expense to be controlled,
not an investment to be maximized. This attitude is dangerously outdated. Survival in today's global economy
requires continuous, cost-effective, world-class training. This article by D. Verne Morland, managing partner
of ROI Learning Services, explains how to identify the "earn" in learning and measure the results
as you would with any other business investment.
Online and Blended Course Development
Online courses are self-contained, independent-study programs delivered via the worldwide web. They may be
relatively simple and short, delivering a little knowledge when and where it is needed. Or they may be
sophisticated, multimedia learning experiences that engage students for many hours over several sittings.
Online courses are primarily useful for conveying new information; they are less effective in conveying and
rehearsing new skills and in motivating students to apply their new knowledge.
Blended courses use a combination or blend of instructional methods and delivery technologies to convey
information, skills, and motivation to students. Blended courses offer almost all of the same instructional
methods and benefits as classroom courses, but with the distinct benefit of being delivered virtually.
ROI Learning Services has the expertise to identify which type of course is best for your company's
learning needs and we can deliver high quality programs that will have a measurable impact on your
business results.
Designing Online Courses for Adult Learners
At most schools of education aspiring teachers are taught the elements of pedagogy – the art and science
of teaching children. Many aspects of teaching adults are fundamentally different than those employed in
teaching children and for this reason a new word gained currency in the late 20th century – andragogy. This
article highlights the important principles in teaching adults and suggests teaching strategies to support
these principles in online courses for higher education and corporate learning programs.
ROI Learning Scorecard [tm]
The ROI Learning Scorecard [tm] is based on the Balanced Scorecard concept created in 1992 by Dr. Robert S.
Kaplan and Dr. David P. Norton. Having a balanced scorecard requires you to plan, manage, and measure your
organization from four perspectives: 1) The Learning and Growth Perspective, 2) The Business Process
Perspective, 3) The Customer Perspective, and 4) The Financial Perspective. This philosophy is consistent
with ROI Learning's holistic approach to training and organization development. By using our ROI
Learning Scorecard your company will focus on and invest in the right programs to build and nurture a
continuous learning organization.
Education Consulting
Survival in today's global economy requires world-class performance. World-class performance requires continuous,
cost-effective, world-class learning. The consulting and course development services provided by ROI Learning
enable businesses in all industries to achieve world-class learning results while maximize the return on their
learning investments.
How to Save Money on Training
Significant cost savings can be achieved by using technology to deliver training outside the traditional
classroom. This article illustrates the component costs of a hypothetical two-day classroom course delivered
to 20 students ten times a year and explains the significant reduction in training costs that can be achieved
by using a "blended" delivery approach.
How to Use Training to Improve Your Business Results
Training your employees is an investment in your business and like any smart investment it should have a
good rate of return. Although training is not the solution to every problem, where it fits it can improve
your sales and sales productivity; it can lower your costs and improve your gross margin; and it can bring
expenses into line and increase your profitability. This article explains that by investing in the right
programs managers will clearly see the business results and will, at the same time, be creating a highly
competitive, continuous learning organization.
List of Services
ROI Learning is a full-service consulting and development firm for technology-enhanced training. We have
the experience to help you accomplish all of your training objectives. We can help you: analyze your
training needs, start a training program, reduce your training costs, increase your training effectiveness,
reach new audiences cost-effectively, develop and deliver online training programs, and measure the impact
of training on your business. We can also take a more holistic approach and help you with your education
strategy, tactics, programs, and success measures.
|