Risks when you don’t use Social Media for your Business

Business has changed. Social media is here to solidify your brand, your business and the services you provide.

When posting on any Social Media Site, you have a date and time stamp.
You can prove that a service was offered on time, or that a sale was done, and so much more.
Using Social media for your business has a ton of advantages, one of which is avoiding false complaints or legal threats by anyone.
Use Facebook, LinkedIn, Twitter or Instagram and you will see how their tools provide security and proof of your actions toward your customers.
You can choose to use one or all.

So get on with the times, establish your brand and keep posting.

You can thank your teams later, after you realize how much good social media can do to your business.

Don’t be a dinosaur!
Be open to learning, join webinars and understand how important social media is to your business, no matter what kind of business you run.

Are you still stuck in manual operations?

When I see that so many older companies are stuck with their operational procedures, I get sad.
You are wasting man hours for stuff that can and should be automated.
Even your entire filing system can be in electronic files that are saved on an external drive, and printed as needed.
When you have to pay clients, do so via bill pay from your Bank.

You have to open up to change and embrace the help that technology provides.
Your company will be so much more efficient, and your employees will thank you.

You can sign any contract electronically, save it and share it with your clients.
You can accept electronic payments.
You can create reports, save them and share them with your clients or teams electronically.
Absolutely no need to waste man hours, paper, and storage spaces for stuff that can be easily saved electronically by year, and then have subfolders by account, client, employee, and so on.

No matter if you are selling, offering services, or managing properties.
There is absolutely no excuse anymore to waste your time and your team’s and navigate through complicated bookkeeping and file keeping in hard copy format.
Even the IRS accepts electronic payments, and so do your state’s property tax officials.

Start the New Year with open minds and make the leap to the next step.
You might find it difficult to learn or get up to speed, but as soon as you do, you will be very thankful.
You will eliminate the risk of file loss from fires, floods, misplacement, break ins and will save a lot on printing costs.


Career and job choices

Happy New Year everyone!

I know how many of us need  income.

BUT, we need to avoid certain risks, and these are:

1. Never accept a position unless it’s 100% in the path of your knowledge and experience.

2. It’s ok to be honest and decline a position, no matter how much you like the job, or admire the business owner.

3. Always be truthful about what you know and what you can do.

4. Do not misrepresent your expertise on Social Media sites like LinkedIn. What prospective employers see, must reflect exactly who you are and what you can offer.

What If

2020 is coming to an end.
It has been hard, heartbreaking and a huge lesson all at the same time.

Seeing what risks and closures of businesses are happening daily, I have thought hard about some what ifs:

  1. What if we are on a bridge to a different way of living and doing business?
  2. What if all the brilliant minds on the planet can come together and change what we grasp as normal?
  3. What if everything we think we know is about to change?

All these what ifs came to mind, because I found myself thinking about past generations.
A mere 25 years ago, we did not have widespread internet, video conferencing, social media. Imagine if this horrid pandemic had struck then.
Now we can “see” people we work with and family members daily and free of charge.
We are walking through a portal that might be the brink of a different life.

Horse carriages to cars.
Ships to airplanes.
Fire to stoves.
Typewriters to computers.

Just think about this. Maybe what we take for granted now will change. Maybe just maybe this change might be good for all of us.
Maybe the way we interact with each other will change.

It is up to each and every one of us to keep the flame of hope going strong, and also be wide open to changes.
Flexibility to change, to the next step of life on this planet.

Have a blessed New year everyone!

Top 10 business risks around the world in 2020

By: Bethan Moorcraft

Cyber incidents have been ranked as the top business risk in the Allianz Global Risk Barometer 2020, knocking business interruption from a top spot it had held for seven consecutive years.

According to the Allianz study, which focuses on large and small- to mid-sized enterprises in 22 industry sectors and 102 countries, cyber incidents (including cybercrime, IT failure/outage, data breaches, fines and penalties) were the top concern, followed by business interruption, changes in legislation and regulation, natural catastrophes, and market developments.

Read the entire article HERE

Why you hire Risk Managers and Analysts

Any company that creates online revenue, must have a Risk and Fraud team.

Even with machine learning implementation, you need the human sector to oversee that everything works flawlessly.
Also, depending on the sector you work in, you have to adhere to the laws of the regions you service or sell to.

Be flexible with working hours and schedules.
Risk and fraud does not happen between 9 am and 5 pm. It happens 24/7.
A good plan is to break up the working day for your risk team.
3 or so hours in the day and more hours in the late afternoon or evening.

This will allow all the fraudulent payment attempts to be caught before they even hit your back ends.

Always remember:
You don’t hire people to do them a favor!
You hire them to help your company succeed and grow.


Don’t lose great employees by demanding too much

I recently read an article by Lizzie Wade on wired.
The 8-hour workday is a counterproductive lie.
I could not agree more.
My expertise is in researching fraudulent charges, chargebacks etc.
It is literally impossible to sit in front of a computer screen for 8 hours.
And this goes for a ton of my colleagues and fellow professionals.

This is the internet era.
Coders, marketers, online customer support, finances, shipping, and so much more.

Almost EVERYTHING is done on a computer.
No company owner should expect productivity and great results when imposing an 8-hour workday.
BE FLEXIBLE! You will be amazed at how much can be accomplished in 5 hours!

I have been really lucky to have worked with pioneer CEO’s who totally grasp and understand this.
Great productivity = better results
Higher energy = less mistakes
Less work hours = clear minds, more focus and no tiredness and burnouts

Jump on the boat to the future business owners and bosses!
Team members will be so much more productive, happy, and have real energy to invest in what your company needs.

This is a true win win for your companies!

The 8-Hour Workday Is a Counterproductive Lie

Author: Lizzie Wade /WIRED

What was once a socialist dream has become every knowledge worker’s nightmare. It’s time to unmake the modern myth of productivity.

THE EIGHT-HOUR WORKDAY started its life as a socialist dream. The Welsh textile mill owner and social reformer Robert Owen is credited as the first person to articulate it, by calling for “eight hours labor, eight hours recreation, and eight hours rest” for workers in the early 19th century. This was much better than the 12- or 14-hour days factory workers, including children, were expected to put in at the time. Over the next 100 years or so, labor unions in the US pushed for and won adoption of the eight-hour standard in various industries. Henry Ford brought the idea further into the mainstream in 1926 by mandating a five-day, 40-hour workweek in his company’s factories. In 1940, Congress officially set the American workweek at 40 hours.

There’s just one problem in the 21st century: It’s all but impossible to actually work for eight hours a day in the jobs so many of us now have. Like most people writing hot takes and think pieces about productivity, I’m focusing on knowledge workers here—those of us who work at desks, mostly in front of computers, in offices or from home. Especially those of us who spend those hours making things, like writers, coders, and graphic designers. (Honestly, I think eight hours a day is too long to work in a factory, a restaurant, a call center, or a store too, and we should rethink and re-legislate this standard in all industries.)


Dangerous Emails

DO NOT OPEN emails like this one!

A lot of people make the mistake of only reading the subject of an email, without looking at the actual email address it was sent from.
Just opening an email like this, can put all your data in danger!

ALWAYS look at the email address.
A good way to understand such emails is a lot of letters that make no sense and the email handle that goes nowhere.
Check the picture I added.

Be careful!!!!

Online Purchase ALERT

Happened to me today. An online seller, asked me to take a picture of my id card on both sides to “verify” my purchase!

NEVER EVER do this!

If any online seller asks you for personal information of any kind, just CANCEL your transaction immediately!!!

Be very careful. You should NEVER purchase anything online from any ecommerce company that asks for personal data.
If you take a picture of your ID, all your information can very easily be hacked, stolen and you will be in big trouble!