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How not to abandon your e-procurement initiative
MARK HENRICKS' ARTICLE "Flaw and Order" (Entrepreneur Magazine, September 2004) referenced a behavioral economics study that identified the eight hidden strategy flaws frequently championed by corporate decisionmakers. The sunk-cost effect - based on the premise of throwing good money after bad - and the herding instinct are the two that seem to relate specifically to the challenges associated with e-procurement initiatives.

When the Pursuit of More Money Costs Too Much
I don’t know about you but I don’t see a lot of sustainable sales models - I see a lot of entrepreneurs desperate to make it big sacrificing what’s important to them to make more money! People hurt themselves, their team, their families, their clients and their industry with their approach to building an empire.

Other empire building Related Articles

Top 5 Warning Signs that Your Business Is Declining
The hardest thing to admit for a business owner is the fact that his/her business is slowly dying. After all, what business owner would want to admit that his/her once future hope of building an empire is forever to remain in the realm of wishful thinking? Thus, the owner of a failing business continues to hold on and on until his/her knuckles turn white and his/her face becomes so blue from holding his/her breath.
A Business Network Makes You Powerful – Article 1 of 8
There are three key accelerators to a person’s success: integrity, knowledge and network. While there are other things that are important to success, these are key drivers. However, without a personal network you are powerless! The larger and stronger your network is, the more powerful you become. Most people focus their attention on integrity and knowledge. However, the highly successful business people have figured out that building their network is essential to promoting their uniqueness as well as furthering a higher degree of success. You cannot build empires alone. Nonetheless, even if you are not trying to build an empire, it is always simpler to accomplish things with many people’s help than to try to go it alone.

What Can Britney Spears Teach You About Marketing?
Have you ever thought about how someone makes themselves into a recognizable brand? How do you take one person or small company and make them into a marketing empire that is recognised all over the world? Wouldn’t you love to do it?
Do you know when your next big idea will hit you?
A simple idea of collecting thoughts and ideas and organizing your day. Habits that built an empire for Andrew Carnegie, the world's richest ever man.
7 Top Benefits Of A Direct Marketing Franchise
Looking for a business to business franchise opportunity that provides multiple revenue streams and monthly repeat business potential? A direct marketing franchise, combined with your previous sales and general business experience and your passion for building business relationships within your local community, puts you at the helm of your own marketing consulting empire.

Failing At Network Marketing? Fire Yourself
It is so easy to become quickly disenchanted with network marketing. Find out the top three ingredients of success for turning your failing business into a thriving empire. What does it take to become one of the top 3% producers?
How to Build a Virtual Empire By Becoming a Copycat Multipreneur
Find Out How to Build a Virtual Empire By Becoming a Copycat Multipreneur.
Compliance: Why Does Your Website Need a Phone Number?
Many Internet Marketers eventually run into a conundrum: They Didn't know they'd need a phone in order to run their online empire.

Making the Most of Your Life - Starting at the Bottom
Whether you are building a house or building a business or building a life, the first step is to build a strong foundation.
When the Pursuit of More Money Costs Too Much
I don’t know about you but I don’t see a lot of sustainable sales models - I see a lot of entrepreneurs desperate to make it big sacrificing what’s important to them to make more money! People hurt themselves, their team, their families, their clients and their industry with their approach to building an empire.
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