Drones Are Everywhere!!

Drones are a hot topic, duh! What I should say is that we can't escape the conversation of drones on a daily basis. The media is covering the topic and even Kendra Baskett (Kendra On Top) talks drones on an episode of her reality TV show. So, how are drones benefiting us as a nation? With 7,000 miles of U.S. land to patrol increasingly, U.S. Customs and Border Protection is relying on drones to help arrest illegal immigrants. That is one immediate benefit. Helping prevent terrorism from overseas is another way they could potentially help too.

Drones are causing a lot of controversy because the public believes they can, possibly and at times, violate privacy. And, drones are expensive. About $62 million dollars a year expensive! With only about 2k in arrests related to the use of drones last year, the $27k per arrest price tag doesn't seem to justify the use of drones within the country. These math figures alone are making the media even more eager to cover the topic.

Over the last ten years, the Department of Homeland Security's unmanned "Eye in the Sky" program has cost nearly $500 million and it's getting an additional $443 million in funding over the next few years. In fact, the DHS expected 23,000 total flight hours per year with this program in the past, but it has only logged about 5,100 in total so far. The DHS has claimed that the drones would operate along the entire southwest border, but according to the Inspector General, they did not. Armed predator drones have been used on the battlefield in Afghanistan and Pakistan.

I don't think we have enough information right now to say if the program and drones are truly worth (or not worth) the expense. I do know that the amount of drug captures have been worth it. Hundreds of millions of dollars in cocaine have been taken off of US streets thanks to drones but somehow the media has failed to cover this. Like any new program or technology, improvements can and should be made. What I think the media is failing to cover is the cost of lives saved thanks to drones, which provide an invaluable safety element that takes boots off the war path.

So yes, drones are everywhere these days when you open or watch any media. I think the conversations are good and need to continue. I think we, as Americans, should consider drones as a useful tool that needs improvement.

Until tomorrow,

Twyla N. Garrett

The Best Time Management Tip EVER!

Yes, I am bold enough to say it. I have the best time management tip ever. Keep reading because this tip will solve all of your time management problems and you will never, ever have to study up on the topic again. What is it?

Alright, here it is- the big, big- big secret to managing your time effectively. Say goodbye to your ‘to do’ list. No, I am not crazy. I swear this works. You see, the lists we create for ourselves put pressure on ourselves and we fill them up with tasks that aren’t immediate. We have items on these lists that read like a shopping list. You need to create your own schedule and block of times for certain areas of business, but not for specific items.

Example, if you book your own meetings- and you should- only schedule two hours a day to fit in all your meetings. Call this block “meetings” but don’t write anything further down. Only schedule meetings during this block of time. If it doesn’t work for someone else, let them move their day around. So, every day you walk into your office- let’s say from 11 to 1 – you know you have meetings. You may have one meeting, you may have four meetings. However, the meetings don’t start any sooner than 11 and go no later than 1pm. This gets the meeting elements into a concise block of time and you can move on to the next block of action items right away without worrying about a long list of tasks.

Try removing yourself from a ‘to do’ list business formula. Try my formula for a week and I swear you will be hooked because it simply is effective!

Until tomorrow,

Twyla N. Garrett

Impress an Investor!

You have everything ready to go for your next business venture.... that is everything except for money. So, you need to not only find an investor willing to consider your business venture- you need to impress that investor! After spending years developing my own companies, sometimes using investors, I've cultivated a few tricks to help investors give the "yes" nod.

What I've learned is business investors are looking for a good marketing plan from entrepreneurs in the business proposals. If an entrepreneur does not have a strong plan for marketing in the overall business plan, the entrepreneur might find that investors are not interested in taking a risk. Marketing is everything. If you don't research the marketing end of your business, investors will not even consider your numbers. Marketing = interest in the media and potential customers, which = sales and profit.

Investors care but don't rely upon education. Don't think your degree is going to get you anywhere with an investor. It is nice to have but some of the best business people on Earth barely made it through high-school. Keep your presentation simple, engaging and don't over pitch your education. Stick with pitching the numbers and how your product or services can be marketed and marketed easily.

Finally, be hands-on. Most investors will look at the attitude of the entrepreneur presenting the business proposal. Having prior business experience always works in favor of the entrepreneur. Most investors like to give the money to someone who has had experience in running a similar business.

I'm not writing a blog tomorrow. Enjoy your Memorial Day!

Twyla