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Should Credit Reports be in Play for Potential Employees?

August 24, 2011 by Thomas

Despite an economy that some consider to be on life support, there are some employers who are actually hiring these days.

With that being said, should an individual’s credit report be fair game for employers, who are looking for the best and brightest to fill their ranks? Or, should how a person handles their personal money be off limits during the hiring search?

 

Following the Money Trail

In general, there are two schools of thought on this issue.

The first is that what a person does outside of their employment with their money is none of an employer’s business. The thought is that as long as an individual abides by the law, whether or not they have a $10,000 credit card balance is no one’s business.

On the other side of the coin, any applicant for a job, especially those applying for work where finances play a role in their daily responsibilities, should be checked out to see if they have had issues paying off credit card debts, handling a car payment, overseeing a mortgage etc.

While each company has to determine which road it wants to travel, some of them are being told in no uncertain terms by some state and even federal officials that they have limited means to check up on potential employees.

 

Do the Laws Need to be Stricter?

According to federal law, an employer needs written permission from an applicant to run a credit check. Given that replying no may send up a red flag to a possible employer, how many applicants will actually say no to this request? Also, do you not think some employers try and skirt the law and do credit checks anyhow?

Both Connecticut and Maryland recently enacted laws that in essence prohibit employers from using a job applicant’s or an employee’s credit information in deciding whether or not to hire that individual. Both laws will go into effect on Oct. 1, 2011.

The laws recently enacted in Connecticut and Maryland are different in their application but have a number of similar provisions.

While both public and private sector employers are expressly protected by the new Connecticut law, it seems that Maryland’s law will not be applicable to governmental employers. Both laws in essence exempt financial institutions, credit checks required by federal or state law for employment, and credit checks that are for a bona fide purpose that is substantially job-related.

Meantime, Hawaii, Illinois, Oregon and Washington presently limit employers’ use of credit history in employments selections. Legislation that would impose similar restrictions is pending in a number of states and also at the federal level.

With more individuals hoping to return to the workforce in 2011, giving them credit for their workplace experience should override how much they owe on a credit card or loan.

Photo credit: publicdomainpictures.net


Dave Thomas is an expert writer on payroll processing services based in San Diego, California.  He writes extensively for an online resource that provides expert advice on purchasing and outsourcing decisions for small business owners and entrepreneurs such as small business payroll services at Resource Nation.

Filed Under: Interviews, Strategy/Analysis, Successful Blog Tagged With: applicant, bc, credit cards, employers

Love Closure or More Possibilities? How to Best Balance Your Ps and Js

August 23, 2011 by Liz

Not Everyone Thinks the Same Way

insideout logo

It came about because I’d had time to read a book called Please Understand Me. Character and Temperament Types by David Kersey. The book discussed the personality differences that were described by the four pairs of preferences defined in the Myers-Briggs Personality type Indicator. The book led me to champion the idea that the whole editorial department might benefit from a Myers-Briggs workshop. Approval came. All 30 or so of us took the personality test and about a week later we met offsite with a trained administrator who had scored our results but hadn’t shared them.

By way of background, the Myers-Briggs Personality Type Indicator identifies which are your preferences in four pairs of trait behaviors.

  • I or E:
    Introverts prefer to work out their solutions alone, thinking through their thoughts before speaking.
    Extroverts prefer to work out their solutions with others, talking through their thoughts to see what they’re thinking.
  • N or S:
    iNtutive people prefer to go with their “gut feeling,” the whole of the information — the rightness or wrongness of what they understand internally.
    Sensory people prefer to go with the empirical data, the facts of the sights, sounds, tastes, touch, and smell and what those facts reveal.
  • T or F
    Thinkers prefer to interact via information.
    Feelers prefer to interact via emotions.
  • J or P
    Judgers prefer decisions. They value closure.
    Perceivers prefer multiple options. They value the possibilities in every situation.

The documentation and studies make it clear that every person has all 8 traits. The test measures which in each pair is an individual’s preferred way of interacting with other people and information — sort of the default setting, the one we go to when we’re left to our own devices, in a crisis, or designing our own situation. I thought was that it might bring home the reality that …

we can’t assume others think the same way we do.

Plan a Vacation

The facilitator set up activities that used used each trait pair to underscore the differences in outcomes that occur when we approach a task with different preferred ways of thinking. We were unaware of which trait we had when the task was assigned. Some tasks had mixed preference groups. Some had a group that wa all of one preference. The most memorable task and lesson for me was when she asked two groups to plan a vacation.

She assigned us to two groups by name. We didn’t now at the time, but one group was the Ps — those who value possibilities — and the other was the Js — those who value closure. She gave us about 20 minutes for planning then asked us to report back. The reports from each group were something like this.

I suspect it was purposeful that she had the Js report first.

The J Vacation

The Js had decided that they would go to Europe for precisely 21 days. They knew which countries they would visit in which order and how many days they would be staying in which country. They also knew which sites were on the list to visit in each country. Assignments had been made. Every member of the group knew his or her role. Assignments included: transportation, lodging, tickets to venues and sites, special meals in each city, even collection of emergency documents and numbers.

The Ps started snickering as we listened to the Js report. The reason for our delight was evident when our turn came.

The P Vacation

In the same amount of time, the Ps had decide to meet up in Taos, New Mexico and hang there for a while doing whatever we liked from a whole list of possibilities. The list of possibilities was quite impressive. Then those who wanted to could go on to visit the Caribbean — one island or more, and those who wanted to stay in New Mexico could.

As you might notice, the two groups had significantly different reports. What you might not fully appreciate is that both groups were quite pleased with their results.

How to Balance Your Ps and Js

The task was so well chosen that whenever I tell the story people have no problem deciding which group defines their preference. More importantly, the way we frustrate each other becomes apparent. .

Imagine a project team with an equal number of Ps and Js. While Ps are trying desperately to leave all of the options open, the Js are pushing fervently to get to a decision. Both groups are so intent on their preferred way of thinking, it can be hard to see the value of the other. Yet a team of all Ps would get lost or get nowhere and a team of all Js would miss out on many options that could raise their game. Here are some ways to best balance the value of your Ps and Js.

  • Make a no closure rule during brainstorming. Brainstorming is where Ps excel. Give them the room to explore all of the options safely without the need to justify leaving the door open. Suggest Js brainstorm several starting points as a way to work to their strengths.
  • Separate the two groups when problem solving. Ask the Ps to limit their options to three actionable solutions. Ask the Js to get past their first solution to two more that would work as well as the first.
  • In project planning, use your Ps and Js in different roles. Invite Ps to conceptualize, ideate, and sketch out new ideas and processes. Ask Js to pinpoint how those ideas might take form and how those processes might work in action.

Let both groups know how the dynamic tension between their preferences supports and complements each other making the team stronger. After all, without the flexibility of a P it would be hard to respond to a disaster and without the structure of J wasted time could be a real problem.

Which are you and how do you value the other in your business?

–ME “Liz” Strauss
Work with Liz on your business!!

Buy the Insider’s Guide to Online Conversation.

Filed Under: Community, Inside-Out Thinking, Successful Blog Tagged With: bc, LinkedIn, management, relationships

Deeper Shade of Viral: How 1 Brand Hero Delivered an Irresistible Experience

August 22, 2011 by Liz

A True Story of How to Win a Life-Long Advocate

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Now, more than ever, growing brands search for connections that mean something to their customers and the people who help their business thrive. The good ones reach to their employees to put human values inside their value proposition.

That isn’t a new thing.

And the brands that long for their messages to “go viral” might check out this story. It happened over 25 years ago, yet it’s so powerful, memorable, and moving that I think of it and repeat it every time I see the FedEx logo. I still choose FedEx over the others, because of this one event. I still forgive their occasional mistake as an accident. That’s a lifetime customer relationship and since I’m still telling the story, in my book I’d call that hugely viral.

In the last century, when Federal Express was at its peak performance. I was working at home right after my son was born. The work in my hands was on a drop-dead deadline that day. I called FedEx for a pickup because I was not going to be able to deliver the package myself.

We were in a suburban disaster – a fast-rising flood. Hours after the rain, we watched from our second-floor balcony as the water from the Des Plaines River in the parking rose above the door handles of our only car. My husband, my infant son, and I were waiting to hear when we’d be evacuated and for how long?
Then the phone rang. It was the FedEx man. He was on a high spot across the street. “Ma’am, I have a delivery. Do you need this package today?”
“I’m sorry. Yes, I do and I have one going I out too,” I explained the uncertainty, the deadline, and the evacuation.
“No problem,” he said. Then he confirmed the entrance he should use. The door was on a slope above the water line still.
I hustled to ready what I had to send. Then I went on the balcony, just in time to see a young man holding package over his head, walking through water that was up to his chest. Amazing! The neighbors on their decks were as transfixed with the image as I was.
We met at the door. We did the business of trading packages. Then he went back out. As he stood on the stoop, he thrust the new package up over his head and before he set off through the flood again. He surveyed my neighbors with a huge grin and shouted,

“We not only deliver. We pick up!”

He Delivered More Than a Package

That day that FedEx man delivered more than a package to the people who saw him. He delivered hope and trust to folks silently wondering when they would be evacuated, how long it would last, and what would be waiting when we got back.

He was a hero to people who were in distress. He saw what he saw – opportunity not a problem. He knew what he knew – he could use his power to refuse or do something outstanding, heroic, and incredibly cool. And with a huge and generous grin, he walked through four feet of water to make things work better than they were supposed to work.

He was living the values of company. Their tagline at the time was “Relax, it’s FedEx.”

If that same experience happened today, all of us watching the FedEx man in the water would have taken pictures and video with our smart phones. In seconds, we would have uploaded the pictures and video with the caption “We not only deliver. We pick up!” to YouTube, Flickr, Twitpic, and Twitter. Within seconds, thousands of people would be sharing his quote with the picture or the video.

What the FedEx man did was irresistible and shareable by definition. He made everything easy. He made me feel good about being part of it. And he left me with a story that I’m proud to pass on. It’s an unforgettable feeling when a guy is willing to trek through half a block of river water for you. You can bet I became a fiercely loyal FedEx customer.

FedEx built their brand on a company community of employees who were the value in their value proposition. It’s hard to compete with a community like that. The true stories about FedEx hero employees made them the company we trusted, relied on, and got to know as our friends. We didn’t think about other options until the heroes started to look the same as “the guys” who delivered packages from the lower priced brand.

And because my experience with the FedEx man actually happened, I’m still sharing it 25 years later.
Will you even remember the Old Spice Man in 5 years? Human relationships are a deeper, more lasting shade of viral.

Whether you’re a brand of 1 or 1,000,000, the deeply loyal relationship you make with your customers can outlast any single offer, product, or incident.

What is your brand doing to build a winning community?

Be irresistible.

–ME “Liz” Strauss
Need help building that winning community? Work with Liz!!

Buy the Insider’s Guide to Online Conversation.

Filed Under: Customer Think, Personal Branding, Successful Blog Tagged With: bc, Community, FedEx, irresistible, LinkedIn, one true story, personal-branding, viral

Beach Notes: Time to Reflect

August 21, 2011 by Guest Author

by Guest Writers Suzie Cheel and Des Walsh

Right now on my healing journey I have been givine lots of time and space for reflection. The beach is my favorite place to just sit and be still. I find the calmness of the sea and the ever changing patterns that nature provides is the perfect place for me to just be. – Suzie

Do you have a quiet space where when you need to recharge or just take time out that you go?

Suzie Cheel & Des Walsh

Filed Under: Motivation, Successful Blog Tagged With: bc, Beach Notes, Des Walsh, LinkedIn, Suzie Cheel

Thanks to Week 305 SOBs

August 20, 2011 by Liz

muddy teal strip A

Successful and Outstanding Bloggers

Let me introduce the bloggers
who have earned this official badge of achievement,

Purple SOB Button Original SOB Button Red SOB Button Purple and Blue SOB Button
and the right to call themselves
Successful Blog SOBs.

I invite them to take a badge home to display on their blogs.

muddy teal strip A

They take the conversation to their readers,
contribute great ideas, challenge us, make us better, and make our businesses stronger.

I thank all of our SOBs for thinking what we say is worth passing on.
Good conversation shared can only improve the blogging community.

Should anyone question this SOB button’s validity, send him or her to me. Thie award carries a “Liz said so” guarantee, is endorsed by Kings of the Hemispheres, Martin and Michael, and is backed by my brothers, Angelo and Pasquale.

deep purple strip

Want to become an SOB?

If you’re an SO-Wanna-B, you can see the whole list of SOBs and learn how to be one by visiting the SOB Hall of Fame– A-Z Directory . Click the link or visit the What IS an SOB?! page in the sidebar.

–ME “Liz” Strauss

Filed Under: SOB Business, Successful Blog Tagged With: #Eav, bc, blog-promotion, SOB-Directory, SOB-Hall-of-Fame, sobcon, Successful and Outstanding Blogs

5 Steps To Create a Solidly Successful Online Product

August 19, 2011 by Guest Author

A Guest Post by
Rahil Muzafar

cooltext443809602_strategy

We know that almost all products, no matter how good or bad they are, have a certain life cycle, and once a product has ran its lifecycle, the business needs to modify, innovate, or even create new products to survive. So, whether you are an old online business or a new one, you can benefit from having a step by step course-of-action for product creation, because you will need it sooner than later.

Online businesses should not be treated differently from their offline counterparts, as far as product creation is concerned. In both cases, the businesses have to come up with a product, or service that some customers are looking for, while expecting some rewards (AKA profits) for doing so. The only difference is probably in the nature of the products, for example, in cyber world, even a website that offers a very basic service like accumulating news on a specific topic at a single platform is still a product, regardless of how profitable or unprofitable it turns out to be.

Following are five basic steps that you should adhere to, when creating a new online product, regardless of how small or how big the product is supposed to be.

Step 1 – Idea

First step in product developments of all sorts is the idea, whether it is unique or just inspired by an already successful business model. The idea for an online product should be based on solving an unattended problem or a particular need of Internet users. Mindlessly copying some get rich quick schemes with the purpose of earning some extra income doesn’t really stand for an idea.

Remember that the web might appear to be already cluttered by all types of business, but a little out-of-the-box thinking will reveal many untapped markets, however you will be able to see these opportunities only if you are not driven by “overnight riches” dreams.

Step 2 – Scrutinizing

Next step is to brood over the idea, while considering all aspects. This phase is very important, still most entrepreneurs, in sheer excitement, neglect this very important step, and go straight from idea to development phase. It’s important that you take some time and wait for the excitement to settle down, only then you will be able to see the glitches in your plot. Once the initial excitement fades out, you will see that it’s not really a walk in the park.

Step 3 – Marketing Strategy

Some businesses devise a marketing strategy after the product is ready. Ideally, you should be wearing your marketing hat even before you get into the development phase. Having a marketing strategy, or more importantly the target market in mind will help you come up with a product/service that caters to the specific type of customers you are going to target. Thinking from the perspective of a marketer will give you an idea of the cost, and profit margins. Otherwise, it’s quite possible that once you’ve invested your time or resources in the product development, you will discover that you aren’t left with enough money or resources to invest on marketing.

Step 4 – Product Development:

Once you’ve mulled over the idea a number of times, and devised a marketing plan, it’s now time to develop the product. This should be easy, because you’ve successfully gone through the planning phase.

When developing product, think of your customers, and what they’d be looking for, and not what you’re looking for.

Step 5 – Test Marketing

Before you go full throttle with your marketing strategy, you must do the test marketing. Test marketing is quite the same like the actual marketing, but on a smaller scale, while targeting a small test group. Thanks to the Internet, you can use the power of social media to identify your target customers and check the initial response. If it’s good, you should set the wheels in motion, and if they are finding faults in your product/services, be thankful that you’ve avoided a bigger setback, and get back to make necessary changes before launching the final product into the market.

Rahil Muzafar

—-
Author’s Bio:

This article was contributed by Rahil, who is an Internet Marketer, specializing in making available discounts (like this) and coupon codes (click to see) opportunities. At his website, you will find all kinds of coupon codes and discounts, from hosting packages to stuff like 4inkjets or 123inkjet. Feel free to avail these deals to save on popular online products.

Thanks! Rahil!

–ME “Liz” Strauss
Work with Liz on your business!!

Buy the Insider’s Guide to Online Conversation.

Filed Under: Marketing /Sales / Social Media, Strategy/Analysis, Successful Blog Tagged With: bc, LinkedIn, Marketing /Sales / Social Media, product development, Strategy/Analysis

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