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Issue 6 Vol. 13
To our valued partners:
Welcome to the June issue of our
quarterly newsletter.
Because of our past relationship you are receiving our monthly newsletter...at no cost to you! If this is your first issue, then welcome!
We appreciate the opportunity to share best practices in
business, leadership, management, personal and professional growth, and other areas critical to your success.
Again, thanks for your readership.
Enjoy!
Sincerely,
Neil Conway –
President
Domino Plastics MFG, Inc.
http://www.dominoplastics.com
Office - 1+661-396-3744
Fax - 1+661-396-3742
DUNS –
139451793 CAGE CODE – 4GZU GSA – Contract# GS02F0067X
Proudly made in the U.S.A.!
Time is on my side…. Yes it is!
 In
today’s environment, we must do more with less. Each person is working harder,
expected to do more, and all with fewer resources. IE: not enough help, need
more supplies, not enough time, etc…
So time management is vital and critical when having meetings. Unfortunately,
many of the attendees view meetings as a waste of their time. Often they turn
into complaining sessions with little or no direction and / or a reason for the
meeting.
You, as the leader, must take control of the meetings and make sure they have a
purpose, objectives, and are time bound.
When scheduling a meeting, it may be helpful to remember the acronym POT.
Purpose - define the purpose of your meeting. Why are you having a
meeting? Send the agenda to all participants prior to each meeting. This way
they will know why they need to be there and it also gives them the ability to
add a topic to the meeting.
Objectives - What needs to be accomplished? Set an agenda and list the
topics to be discussed. Each topic should have an allotted amount of time and
should total the overall meeting timeframe. Set aside suggestions that don’t fit
in the current meeting agenda and address them (if time allows) at the end of
the meeting or put them on future meeting agendas.
Time bound – What is the duration of the meeting? Set up a start and end
time. Meetings need to start on time. Don’t wait for people to show up or review
for those that are late. That wastes the time of the people who showed up on
time. Do not go past the end time unless it is absolutely vital and the
participants agree to the additional time. Ask the participants to help keep
track of the time so you don’t run over. If the meeting leader/organizer does
not show up on time, the meeting should be considered cancelled and attendees
should go back to work.
Junk meetings are worse than Junk email. They waste a lot more time and money.
At least with junk mail you can set up a folder and hit delete.
Stop unnecessary meetings like the “standing weekly meeting.” Meet when you
actually have something to discuss.
If your meeting does not meet this criterion, than you should not have it and
toss it in the POT.
Have a happy productive meeting! Need an agenda template?
Click here to download it at no cost.
If you have any questions about this article, or about
our products / services, please
E-Mail
or call 661 396 3744.
~ © Written for us by our associate Gary
Sorrell,
Sorrell Associates, LLC.
Copyright protected worldwide. All rights reserved.
IRA – Traditional or Roth?
What is the difference and which
one should you open?
The main difference between the
traditional and Roth IRA’s is in the taxes.
While both plans will grow “tax
free” while in the account, you pay taxes at different times with each one.
With the traditional IRA,
you pay taxes when you withdraw it from the account at retirement. You deduct
the amount of the contribution from your yearly income tax at the time of the
contribution. For instance, if you make $50,000 a year and you put $2,000 in the
plan, you get taxed on $48,000 for that year. (Tax deduction)
With the Roth IRA you pay
taxes upon the contribution to the account and not when you withdraw it upon
retirement. If you make $50,000 a year and put $2,000 into your Roth IRA, you
pay taxes on the $50,000 for that year. (No income tax deduction for that year)
There are other differences too.
There are income limits to the Roth IRA’s, whereas just about anybody can
contribute to a traditional IRA.
With both types of IRA’s there
may be some early withdraw penalties. However, there are some ways to avoid
paying early withdrawal fees.
Contact your financial advisor to
see which plan is best for you and to discuss the penalties exemptions.
Written for us by our associate Gary Sorrell,
Sorrell Associates, LLC.
Copyright protected worldwide. All rights reserved.
Featured Product Of The Month
Adhesive Back Pockets
Adhesive Back Pockets are typically
made with 7.5 mil clear material. However, each product can be customized with a
wide variety of options to suit your personal needs.
Here are some options for this product:
- Color : Magnets
- Color : Hook and Loop-Strip
- Color : Colors
- Color : Plastic Snaps
Click here for more information or call
661 396 3744
http://www.dominoplastics.com
In 2010, China became the #1 English speaking
country in the world. (Over 300 million)
1 out of every 4 workers today have been with
their current employer for less than a year and approximately ½ have been with
their current employer for under 5 years.
Google accounts for roughly 0.013% of the world's
energy use. It uses enough energy to continuously power 200,000 homes.
In the average home, 75% of the electricity used
to power home electronics is consumed while the products are turned off. The
average desktop computer idles at 80 watts, while the average laptop idles at 20
watts. Idle power consumes more electricity than all the solar panels in America
combined.
The average Facebook users spend more than 55
minutes a day on the site. They use the Like button nine times a month and write
25 comments each month. It took 46 years to wire 30 percent of the U.S. for
electricity; it took only 7 years for the Internet to reach that level of
connectivity to U.S. homes.
Source: RandomHistory.com
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