Business Entrepreneur Ludacris Continues to Grow His Corporate Empire

While Chris Bridges’ aka Ludacris is doing an incredible job for the Atlanta community at large, as a leader he is smart enough to know to build a strong backbone of true business leaders around him to continue to grow his enterprises. For the Ludacris Foundation, community service means providing monetary support and donating time in our communities at large. Since 2001, The Ludacris Foundation has donated $500,000 to support grassroots organizations that work to help our youth, as well as invested more than 3,500 hours in devoted service to young people across the nation. The programs in support of the Foundation have impacted 7000 lives. The Ludacris Foundation takes pride in “helping youth help themselves.”

A few years ago, Ludacris got a team together to grow additional passive income and not just be a rapper running out of money when the rap career is done and over with. He had to think outside the box and come up with a strategic plan to do so. He went into his think tank of executive partners and developed a team to help build additional brands based upon the name “Luda” that he is known by in the hip hop music industry. Albert G. Sye IV, a Morehouse graduate, is the business behind Ludacris’ health drink, Ludajuice. Mr. Sye also works with the Ludacris Foundation that just gave away 20 cars to Atlanta area residents Labor Day weekend 2009.

When Ludacris needed an experienced team to launch Ludajuice as an affiliate marketing strategy, he knew to contact Albert Sye due to his reputation of his growing Atlanta based company The AGS Group. Mr. Sye received his B.A. in English in 2000 from Morehouse College and is a true “Morehouse Man” in all senses of these words in which they are used by Morehouse alumni.

While at Morehouse, Mr. Sye was involved in numerous activities that chiseled his leadership skills: Morehouse football, member and President of Phi Beta Sigma Fraternity, as well as being a McNair scholar from Marquette University. In 2005, Mr. Sye was a key team member and responsible for helping to build Atlanta producer Lil Jon Crunk! energy drink to a top 20 AC Neilson brand. He handled the sales and merchandising for their number one market: Georgia and the southeast.

Mr. Sye’s background in beverages propelled him to a managing partner role in Ludacris’ Ludajuice team which is a business venture between Ludacris and XanGo formed in 2008. He also serves as a managing partner of The AGS Group. Albert’s clients include Ludacris, Cytosport/Musclemilk, and The Ludacris Foundation. Mr. Sye is also a founding partner of Make Believe Village, an entertainment production company based in Atlanta and Los Angeles, California.

Women Business Entrepreneurs: Dress for Success

A Smart Business Woman Entrepreneur enjoys her chosen career and appreciates the fashion industry as well. They find inspiration in their line of clothing and simplicity of the activities of daily living. They dress glamorously to impress. Even if they are not in the catwalk, they must still dress up as if they are in the spotlight. They know how to mix and match their fashionable clothes found in their closets.

To be fashionable or not – that is the question. With the rise of fashion icons, trends, and styles, who among us will not be encouraged to be part of the “in” crowd? Business women from all walks of life will not think twice about this since majority wants to experience the hottest trends though by doing such, spending a fortune is not an issue anymore.

You can actually create a sense of style on your own. Being a Business Woman Entrepreneur, you must have these clothing necessities:

– A-line skirts

– Conservative suit Soft belt coats

– Attractive colorful blouses

– Sailor sweater

– Tweed jackets and blazers

– Cuff linked shirts

– Pair of slacks

– High heeled sandals

You must accessorize with bags, belts, earrings, rings, bracelets, necklaces and watches. Dress smart. The creation of belts in the Bronze Age has identified to be masculine in nature. Since its creation, women had been trying to develop this men’s accessory as part of the latest style and trend in fashion. Today, variety of women’s belt has created to supply the growing demand for this accent – either for its basic purpose or simply for added fashion sense. Accessories add brilliance in your look. You must accessorize with creativity.

Start now and feel the changes. Color, shade and texture have a big part on it. It depends which season you are. Summer is the ultimate season where you can see this type of clothing. People wear the most comfortable clothes all day. During this season, clothes with shades of pastels like lilac, lavender, and pale yellow are pleasing to eyes. Floral prints are always coming back during sunny season. Soft and thin textures are basically seen worn.

Whether you will just stay at home or there is an abrupt call for you to go some place, what you wear in a moment can be use anytime or anywhere. Fashion trend changes season by season as we all know.

Think that you are beautiful and you will be the one. Dress up your professional best. You must also have a neat and professional hairstyle. Wear simple yet elegant make up and spray a classic floral perfume. Bring a portfolio. And don’t forget to groom you nails. Have manicure and pedicure.

No matter what you wear, make sure that you wear clothes that are neat and clean. With Business Women Entrepreneurs, their appearances should be of high quality, comfortable, functional and professional looking. You are the one who represents your company. Be confident. Be inspired. You must possess a professional business image with a good taste in fashion.

Business Process Development

Operational Awakening

I love Six Sigma and I love finance. It is my belief that the best odds for a business to exist in perpetuity is to structure the company around a central macro-process with many micro-processes within the macro-process. Companies that are process-centric are inherently mission focused. The main business process connects inputs with outputs. All micro-processes within the main macro-process support the central macro-process and again the company mission. Companies that are task-centric (as are the vast majority job small businesses) are overly reliant on a central figure, such as the owner or other critical team members.

I am an entrepreneur so I’ve had my share of successes and failures. I am convinced that the businesses I’ve owned that I structured around processes out performed the companies that were a team of individuals waiting for their next assignment. I’m not suggesting that people are sitting around waiting to be told what to do, but instead they have a job description that includes “and whatever else needs to be accomplished.” Process driven companies value the process and the positions within the process. Former legendary CEO of GE Jack Welch knew every product GE manufactured and every service it provided, but he didn’t know every employee. I haven’t had the opportunity to speak directly with Mr. Welch, but I think he could recite the processes that make up GE, but not the people that staff every step in the process and subprocesses.

The Approach

My last company doubled its revenue year/year five years in a row. The first doubling wasn’t a problem, the second doubling was painful; billing systems couldn’t keep up with production, collections slipped, purchasing was unchecked, product quality suffered, less innovation, etc. I realized I was fixing problems as they arose. I knew I had to do something that would help alleviate the operational pains of growth.

I sat down with a friend of mine and discussed the operations of the company. I could tell my friend what the company manufactured and I could tell him the names of its employees and their titles, but the details of their daily work was murky. I didn’t come across as confident as I should have.

I studied ISO 9000 and Six Sigma methodologies to see how they could be employed to improve business. Both methodologies are focused on developing repeatable processes with predictable outcomes. Ultimately, the goal is to do the same thing the same way every time to achieve the same result. Hopefully the process results in a high quality product and by continuing to do the same thing the same way the result is consistent high quality product.

Genesis

I set out to find out exactly what was going on in the company by interviewing every associate in the company. I also observed the team at work. Next I sat down in front of my laptop and began diagramming the work flow by following the money; the company diagram, or macro-process, began with sales and ended with collecting payment (I decided to follow the money, because that is what is important). Next step was to make sense of what everyone was doing in terms of the greater goal of the company: make money.

I began by creating a flowchart of the business beginning with a sales call and ending with collection payment for the product deliverable. Next I identified areas of multiplicity within the macro-process. Additionally, I put staff names next to each step of the process. What an eye opener.

Admitting the Problem

Some of the ah-ha moments included the times a single document was photocopied, five times for five different files. I was also able to identify my technology needs, such as what are the customer technology touch-points and how do we use technology within daily operations.

The next step in the analysis was to compare my actual financials and budget financials to the company process. The budget changed based on what the company was actually doing. Now I could make much better operational decisions because I truly knew the sensitivities of the company.

Outcomes

The result of this process was I was able to improve the processes within the company. This did not result in a reduction in workforce, but instead it resulted in increased output and improved quality. Additionally, my IT strategy became cogent. Having an IT strategy, even for a small business, reduced my IT costs and took that expensive, confusing and critical part of my company off my plate of concerns. Finally and most importantly the net revenue and net margin increased dramatically.

The company continued to grow and it grew within the parameters of the macro-process. In other words, the company grew but processes and job functions stayed the same. Everyone knew their job and they performed the same job no matter what the work load or revenue volume.

3 Tips To Strengthen Your Entrepreneur Development

If you are new to having a home based business then you will of course have thoughts about how you are progressing: Positive, negative, or indifferent. Even the most optimistic people have set backs in their progress but the difference is they bounce back and not let it affect their outcomes.

As a successful entrepreneur you must steer your clients/customers in a positive direction. If you have a positive mindset then you can better help your clients with their problems and lead them to success too. All of this can be done by the following three tricks:

1) Be prepared for negativity

A lot of the time people do not know they have a negative mindset but simple statements such as ‘I can’t succeed’ ‘I don’t know how to blog’ ‘I have no help’ are all negative thoughts. With all the information on the Internet today there are plenty of resources where you can find information.

Learn to embrace and leverage information for your success. Change ‘I don’t’ or ‘I can’t’ with ‘I will’ and ‘I can learn to… ‘

Learn from positive people and model their success. If you are empowered to succeed you can help others to succeed too.

2) Complete the tasks you are supposed to complete

Having a list of things to do is always helpful in making you feel you have accomplished something no matter how small the task is.

If you can see small changes it will encourage you to complete the other tasks you are meant to do and this is the only way you will see success. Have your end goal in mind but make sure to take it step by step – you will get there.

Add positivity to the end of your sentence. Instead of just saying ‘I have 3 more tasks to do’ say something like ‘I have 3 more tasks to do but by the end of the day I will have my blog set up and things set up in place to make my business succeed.’

The more clear the image of success is in your head, the more you are likely to achieve it.

3) Take the time to redefine yourself

A lot of people who are new to starting a home based business or looking to start a home based business have problems redefining themselves.

You have to have a whole new mindset and outlook in order to succeed. When I first started in the home based business industry I thought all of this was airy fairy and didn’t matter. But I WAS WRONG.

It is important to have the right mindset.

Nothing is permanent so you must read and learn from others who are achieving the success that you want in your life and business. You must never be the smartest person in the room – always learn from others and their experiences and mistakes.

Believe it or not, there is a lot of power in positive thinking.