28th of September, 2009

Posted by Doug in Business at 1:36 pm

Costumer Service perspectives actually apply to most if not all of the business and social institutions at work in society. On a college campus or even high school, costumer service techniques are extremely beneficial to the classroom. Instructors and become trapped in a power struggle with a student, brought on either by themselves or the student, and engaging or elevating the struggle rarely produces a positive or mutually satisfying result. Steve Barbarich is extremely aware of the need for excellent costumer service and makes every effort to guarantee satisfaction both with product and the purchase experience. In an academic setting this would be manifested both in the student’s appreciation for the material studied as well as the learning experience itself.

To ensure a positive experience, or at least a fair one for the student, and one that should remain free from grievance procedures against a professor or instructor, many universities have issue protocol guidelines in place to help prevent irreconcilable conflict. One of the items on many lists is to avoid developing a teaching structure that can encourage a power struggle with the student. If one insists on entering into this dynamic, it will be extremely detrimental to the learning process. In addition, instructors should not let the student manipulate their way into a struggle for power on their end.

Other aspects of maintaining a productive and satisfying relationship with students, who it must be remembered are the paying consumers in the educational context, include validating the student’s concerns if and when they arise. This does not mean that a change in syllabus or specific assignment must take place, but simply validating that the student has a concern that must be addressed is often the only step necessary to correct it. Another important tool is to address issues or conflicts with the student in a private room, away from the rest of the class. This will prevent the student from feeling embarrassed or ashamed in front of other students, and also it will prevent them from acting out to perform in front of the their peers.

http://honolulu.hawaii.edu/intranet/committees/FacDevCom/guidebk/teachtip/writesyl.htm
27th of July, 2009

Posted by Doug in Business at 12:55 pm

Venture capital is something that drives the marketplace of the United States. Without it, most businesses could not get their feet off the ground to make a difference in the marketplace with an amazing product. And because the United States economy has slowed, the market has seen less venture capitalists investing. But the Kansas City Business Journal has reported that

United States venture capital is on the rise again. In the second quarter, venture capitalists have invested about 5 billion dollars in roughly 600 deals. Despite the fact that the figure is about 40 percent lower than a year ago is just fine considering it is about a 30 percent improvement from the first quarter.

Where the industry is seeing a rise in venture capital funding is in healthcare and also information technology. The interesting thing is that this is the first time since records have started that the healthcare industry has been ahead of the information technology industry in venture capital gains.

Another interesting fact that was brought up in the article was that although the state of California is bankrupt, it still leads the venture capital activity for the second quarter. And the state almost always does lead the country’s economy in the number of deals that flow through the nation’s economy.

As far as venture capital goes, it’s not just for the big guys. Small time inventors align them self with firms like Absolutely New to get a piece of the venture capital pie. The company, founded by Steve Barbarich, is a venture capital that is funding consumer products and the patents for them. This company back products that it sees has the most potential to do well in the marketplace. They help small time inventors with their development and protecting their intellectual property.

Who knew that venture capital really makes the world go ‘round.

24th of June, 2009

Posted by Doug in Business, Society, Sports at 1:22 pm

Starting a business is no easy feat. It takes time, money and a lot of hard work. But most of American workers are either small business owners or employed by a small business. So needless to say, success can be had in the small business arena. You just have to find your market niche. And with the job market the way it is currently, now just might be the perfect time to start that business that you have always dreamed of.

First off, think about something that makes you passionate. We all know that when we have no passion for our jobs, you just get bored and unmotivated. A job should be something you look forward to doing. Think about what you would do if you were to retire right now, and think about how you could make that into a business. If you have always wanted to own a boutique or love to play golf, think about how you could corner that market to make it some niche that consumers would enjoy and want to be a part of.

Think about times where you wished there was a service or product that you were hoping for. That’s what Steve Barbarich did.  He was in the market for a Jacuzzi hot tub and went about finding one online. When he bought one and it was delivered to his home, he was less than satisfied. When he attempted to get any kind of customer service from the retailer, they simply were totally unhelpful.  This experience prompted him to start his own luxury direct Jacuzzi hot tub company called choosehottubsdirect.com. Now he sells luxury Jacuzzi hot tubs for wholesale prices and excellent customer service. He went ahead and filled a void in the market.

If a small business is something you think you want to do, go ahead and go for it!