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Tip Sheet

Tip Sheet: August 2004

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1. Not making any headway with your brainstorming sessions? Go it alone. Seth Godin cites a psychological study that shows that a team of four people, each brainstorming alone, came up with twice as many ideas as the same team brainstorming together. Best approach? Assign team members to brainstorm alone, then bring everybody together to share ? and critique ? the ideas generated.

Source: Seth Godin, Free Prize Inside

2. A bank located in Seattle, WA lets prospects know about its hot loan rates and friendly service by holding a barbecue every Friday in the bank’s parking lot. The bank manager cooks the hot dogs and hamburgers, folks come by to talk and eat, and all receive info on the bank’s services. Perhaps you might let your customers know about your ?hot? diamond deals in a similar manner?

Source: Mary Gillen, Idea Site For Business

3. When an ice-cream store in Texas ran out of job application forms, a quick-thinking employee handed each remaining applicant an empty paper bag with instructions to do something creative with it. This brainstorm forced job-seekers to show their ability to be creative and entertain others, important attributes in the ice-cream business and jewelry as well.

Source: Bob Nelson, Please Don’t Do What I Tell You, Do What Needs To Be Done

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4. Once a month, make it a practice to individually ask each of your employees. What one thing can I do better for you?? After listening to and acknowledging the employee’s ideas, then tell them the one thing that they can do better for you that month. This helps build better communication, and keep both of you focused on continuous improvement.

Source: Bob Nelson, 1001 Ways To Energize Employees

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Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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