April 10, 2018

FRIENDSHIP is the topic that I have been mulling about for some time. Some of you, my dear readers, who have been asking me to write on this topic where you wanted me to, address a Friendship from the platform of Personal Intimacy and Platonic Relationships. Whatever I have written here is just a representation of things that I gathered during my course of reading and research. This is bit complicated to articulate though. Let me try!

Can these TWO be part of a Friendship? Or Can any ONE be part of a Friendship? Or Can these TWO be independent of a Friendship?

In my experience, I have noticed that, post our school/college days, once we are into job and get going in life, most of the Friendships start as either “professional” or to certain extent “emotional” and are substantially “intellectual.”

But, many people to whom I have spoken on this topic have told me one thing in common – They did not find one which is more of “Intimate and Personal” as the ones that they enjoyed and experienced while they were in school/ college times.

Let me articulate – when I say “Professional”, you got it, Professional friends one meet at their company, at a networking function, or elsewhere in the industry one works. A professional friend knows specifically what one does during working hours and knows various key facts about ones career.

When I say “Emotional” – this undercurrent involves, Feelings, relationships, someone you’d call on a weekend when you’re extra happy or extra sad. Emotional connection usually requires significant amounts of time spent with the person. These can be from any walk of life!

When I say “Intellectual” – Philosophy, analytical disagreements, industry contacts, meet-up groups etc.,

But there is one another, that I want to mention, which is very special in my opinion and I am unable to find one beyond my college days – that is “Personal” – Personal friends tend to be childhood friends, school friends, family connections during childhood, childhood neighbors, or a friend with whom one has little in common career-wise but most in common as partners in all crimes.

Now, as we grow older, there are various dimensions that play out as an evolving human being and one tends to have more of personal and emotional friends. Let’s say 10 or 12 year-old isn’t debating marketing strategy with a colleague from work. But over a period of time, as one enter the workforce and mature, you develop specific intellectual interests (or not). You become intellectually curious. You take on professional/passion based interests and goals. For a broadly fulfilling friendship, one need more than pranks or playing sports together. One needs to be able to have a stimulating conversation.

So in my opinion, based on my own experience and of course, I have spoken to quite a few people in the age group of 20-30, to find an understanding – Can a personal & emotional friendship develop a meaningful intellectual

When you think about starting a home-based business, what is one of the first things that comes to mind – MONEY.

You wonder how you can create a business when you're money is already stretched as far as it can go. Sure, you can beg and borrow. You can use credit cards. You can have a garage sale or bake sale. You can even roll up all the change in your jar. But, why not make it easy on yourself and create a home-based business that can be started with no money?

I know you're thinking that there is no way to start a business without money. But, there is. All you have to do is develop a plan where you collect your money up front for your products or services.

One idea might be a home-based business that provides holiday characters for rent such as Santa or the Easter Bunny. You can call on businesses either in person or by phone, and book appointments for the character months in advance.

When the order is placed, you will collect one half of the fee up front. After you have scheduled multiple bookings, you will have enough to rent or buy a costume. Your character can meet and greet customers, give away balloons or candy, and have a picture made with children. Collect the other half of your fee and your done.

You can build your business by adding more bookings, costumes, and props each year. Other characters could be added that could be scheduled all year like at birthdays, meetings, festivals, sales events, or grand openings.

Before long you could find yourself as an entertainment mogul. And to think that it all started with absolutely no money. This is just one example. There are more ideas that can be turned into a profitable home-based business with little or no money.

Ian Leopold was a college student when he started his company Campus Concepts. He created student resource guides and sold advertising. The company was started with only $ 48 and is now worth millions.

You could design a local ad circular. If you have a computer and are familiar with desktop publishing, you would not need any startup funds. All you would need to do is make a mock circular so business owners would have some idea how the circular will look. Pay a visit to local small businesses to obtain advertising. Then collect payment for their ads up front.

Create a business doing something you enjoy. If you are doing something you really enjoy doing, you will put more effort into it and, it will not even seem like work at all. You can create a home-based business from something you like doing AND you can do it with little or no startup money. …

The terms used to describe the various aspects of risk management are bewildering, even to an experienced project manager. At least I find them bewildering. I'm going to examine some of the terms used to describe risks and the way they are managed and hopefully shed some light on what they refer to and what they mean. I hope to clear some common misconceptions up at the same time.

The first misconception I'd like to address is the meaning of the word "risk". We tend to view that word, especially in the project world, as having a negative connotation. Frequently it does implict a negative consensus, but not always. Actually a risk can have a positive income such as when we risk money on a lottery ticket and our ticket wins. Risks that have a positive output are called opportunities and risks that have a negative exit, such as when we refer to the risk of a car accident, are called threats. We take action to encourage our opportunities, such as buying lots of lottery tickets, and we discourage our threats, such as when we get inoculated against the threat of a flu virus. Both opportunities and threats are forms of risk, the key difference is our approach to managing them.

There is a great deal of confusion around the terms used for our difference approaches to managing risks. We commonly refer to our management of risk as "mitigation". The dictionary definition of this verb is "to make less severe: to mitigate a punishment", or "to lessen in force or intensity, as wrath, grief, harshness, or pain; moderate". While it is true that we mitigate some of the risks to our projects, mitigation is just one strategy used to address potential risk. Sometimes we choose to avoid a risk altar, such as when we respond to the risk of encountering traffic jam on an expressway by choosing an alternate route (we may still risk encountering traffic jam, just not the traffic jam on that expressway).

Transference is another term used to describe our response to risk. The classic example is when we buy insurance on our car to deal with the risk of an accident. We are not necessarily reducing the chance of an accident, or even reducing the impact of the accident, we are simply reducing the impact on us should the risk event (the accident) happened by sharing the financial burden with the insurance company. There are other types of transference. Outsourcing work to an organization with more skill and experience in performing the work than we have is another example. In that case, our intent is to reduce the likelihood of the event happening by having someone more skilled and experienced do the work. We may also be reducing the impact on ourselves, depending on the type of contract we choose.

Mitigation is the strategy we use when we can not avoid the risk altogether and we can not transfer the risk, or do not want to. …