I submit that if you apply the same principles to your business that Scouts do in a Pinewood Derby you’ll win. And I predict that 50% of businesses won’t do this and therefore be out of business in 5 years or less.
7/7/2014
Flash mob, noun: a group of people summoned (as by e-mail or text message) to a designated location at a specified time to perform an indicated action before dispensing. ~ Merriam-Webster
Observe a few flash mobs and you might begin to see a pattern of art mimicking life…or perhaps the other way round. Flash mobs can seem spontaneous because they surprise the observers. The best ones however look a lot like most successful endeavors in life. Check out the following parallels and see if you agree.
1. Small group captivates large group. I like the quote: “Some people make things happen, some watch things happen and still others wonder what the heck happened”. Usually those watching and wondering far outnumber those making things happen. It’s the Pareto Principle, the 80/20 rule, in action. And just like in life, the best projects and events (and flash mobs) are well planned, rehearsed and executed. An activity is chosen and rehearsed for the spectacle. A location is selected, a time set, communications coordinated. When done well, these components will captivate, energize, inspire and perhaps even involve the larger group – the watchers and wonderers.
2. Small group exudes energy, enthusiasm and joy. As the spectacle begins, the small group breaks into their exuberant activity and the unsuspecting crowd gradually awakens from their routines and becomes aware that something is not normal here. People are doing something crazy, people are acting in an unconventional way, OMG, people are having fun!
3. Small group risks embarrassment, ridicule and sometimes legal action. In the words of Berry Grove, ultra-successful Nuclear Physician, businessman and early mentor to me, “When you stick your head above the crowd, expect somebody to chuck a tomato at it”. But he also often said “If you wish to be successful in life, observe the masses and do the opposite”. So flash mobbers, like anyone who chooses to step out from the crowd and do something different, risk tomatoes. More often though the crowd just stands in awe, phones videoing, and no doubt wishes they had the guts to do something a just little bold. And then sometimes…
4. Eventually a few from the large group may begin to participate. If the mobbers are enthusiastic enough and having a good enough time, often some of the 80 percenters will begin to join in. Interesting to note, in flash mobs or in life, I’ve never seen an onlooker join in and then go “crap that wasn’t any fun”. They are ALWAYS laughing and genuinely joyful. Sometimes they’re even inspired to become a full time 20 percenter! Halleluiah!
5. Small group goes home completely spent, but fulfilled and energized for the next adventure. Much like an entrepreneurial venture, a fund raising drive, praise and worship in church, or just standing up and saying something unusual that you really believe in, one is usually first terrified, then (assuming you take the action) exhausted but truly inspired to have another go. C'est la vie! And that, my friend, is life at its absolute best!
What life lessons have you learned from unusual sources? The world is waiting to hear your voice!
12/15/2013
An old salutation says: "May you live in interesting times." We definitely live in interesting times in the current U.S. and world economies. This is especially true for anyone that depends on the transportation industry especially Less Than Truckload shipping. Perhaps more than anytime since World War II, nearly all organizations have been forced to learn a new survival code. "Trim costs, add revenue or die."
LTL (Less Than Truckload) carriers are no exception. A few of the spiraling costs affecting LTL carriers are:
$4 - $5 per gallon fuel for vehicles averaging less than 8 MPG. Some fleets are deploying experimental LPG or LNG (Liquid Propane Gas or Liquid Natural Gas) rigs. This research requires immense costs whether successful or not.
Changes in Hours of Service regulations can require complete overhaul of a fleet's line-haul operations - the network for moving large volumes of freight from locality of origin to the destination localities.
Tightening emissions and safety standards also continue to drive up the cost of new trucks and requiring expensive changes to existing equipment.
These are just the most obvious. Many other factors have increased costs and driven down profits, just like in your business. So LTL carriers have begun creating ways to recoup some of these costs/profits. If you require LTL services, then below are just a couple of hidden fees to watch for.
Currently LTL carriers are focusing on several areas that can dramatically impact the bottom line, theirs and yours.
Three ways LTL carriers are moving dollars from your pocket to theirs:
1. Excessive Length Shipment charges and Linear Foot charges
Exact names may vary and some carriers have only one or the other of these charges.
Excessive Length Shipment fees apply to any shipment that requires more than a certain length in the trailer, regardless of width, 12 feet for example.
Linear Foot Charges may apply to a shipment that exceeds half the width, length and height of the interior of the trailer, typically a 28 foot pup trailer.
These charges can add from $50 to $150 dollar flat charge to a shipment. Linear Foot Charges actually change the freight charge factor and can drastically increase overall freight costs.
2. Reclassifying Shipments
Every commodity has a freight classification. In the U.S., these are assigned by the NMFTA National Motor Freight Transportation Agency. NMFCs, National Motor Freight Classifications relate to Freight Tariffs (carrier pricing agreements) and determine the charges that apply.
If you get a freight quote based on an incorrect NMFC class and the carrier later inspects and changes the classification, you will get an unpleasant surprise on your freight bill.
Your freight sales rep can be a good (and free) resource if they are knowledgeable and will devote the time to help.
3. Reweighing Shipments
Shippers need to ensure that the weight they put on the Bill of Lading is accurate. This is another area where carriers are currently working to recover lost revenues. At least one national LTL carrier reportedly adds several million dollars per quarter to their bottom line simply by adjusting shipping weights. Carriers have invested massive capital in forklift scales that allow freight to be weighed as it is moved about the dock. They would not be making these multimillion dollar investments if they didn't expect to recover those costs rather quickly, particularly in the current economy.
Summary
We are not aware of any illegal strategies being employed by carriers, though some may be considered "ethically fringy". However you see it, be extremely careful to understand these and all "Accessorial Charges", since they can increase your final freight bill by anywhere from 15% to 400%. After you've already billed your customer for shipping or costed out the sale is NOT the time to realize these kinds of adjustments. Knowing in advance (just ask your freight rep or Customer Service rep when you get a quote BEFORE you ship) what charges may apply will save you and your customers hundreds, perhaps thousands, maybe even a few sleepless nights.
What issues have you experienced with freight charges? We'd like to hear about it; leave us a comment below!