Business Growth in North Carolina

I just read an article on the Hearldsun.com website by Andy Pittman of ShelfGenie.

He said:

There are nearly 900,000 small businesses in the state that employ 1.6 million people — or almost 45 percent of the entire workforce. So, as these entrepreneurial endeavors succeed, so does North Carolina and all of its residents.

Then on the The Economic Development Partnership of North Carolina website I read that as of this month,

North Carolina ranks No. 4 in the nation among the top-performing states in Chief Executive magazine’s 2019 Best and Worst States for Business survey.

in part due to many diverse business types.

Then I read a story on Business NC website about a growing residential air filter subscription business, led by two ex-N.C. State University students with over 130 employees today, and their future innovations designed create a Rukus in this typically thought of commodity business.

My point of sharing these three stories is to remind us all that North Carolina is the home of lots of fabulous business opportunities, some visible, some yet to be discovered.

What do you think of the business opportunities in North Carolina?


Norwood Teague

Motivation Quotes #2

More Motivational Quotes found by Norwood Teague

Nothing is impossible, the word itself says ‘I’m possible’!” -Audrey Hepburn

I am not a product of my circumstances. I am a product of my decisions.” -Stephen Covey

I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” -Jimmy Dean

I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” -Maya Angelou

Remember that not getting what you want is sometimes a wonderful stroke of luck.” -Dalai Lama

Don’t judge each day by the harvest you reap but by the seeds that you plant.” -Robert Louis Stevenson

I have been impressed with the urgency of doing. Knowing is not enough; we must apply. Being willing is not enough; we must do.” -Leonardo da Vinci

Nothing will work unless you do.” -Maya Angelou

What we achieve inwardly will change outer reality.” -Plutarch

Everything you’ve ever wanted is on the other side of fear.” -George Addair

The most difficult thing is the decision to act, the rest is merely tenacity.” -Amelia Earhart

I alone cannot change the world, but I can cast a stone across the water to create many ripples.” -Mother Teresa

The question isn’t who is going to let me; it’s who is going to stop me.” -Ayn Rand

Strive not to be a success, but rather to be of value.” -Albert Einstein

Believe you can and you’re halfway there.” -Theodore Roosevelt

Remember no one can make you feel inferior without your consent.” -Eleanor Roosevelt

It is during our darkest moments that we must focus to see the light.” -Aristotle Onassis

We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light.” -Plato

To handle yourself, use your head; to handle others, use your heart.” -Eleanor Roosevelt

Perfection is not attainable, but if we chase perfection we can catch excellence.” -Vince Lombardi

The only person you are destined to become is the person you decide to be.” -Ralph Waldo Emerson

Control your own destiny or someone else will.” – Jack Welch

Whether you think you can or you think you can’t, you’re right.” -Henry Ford

Whatever the mind of man can conceive and believe, it can achieve.” -Napoleon Hill

If you look at what you have in life, you’ll always have more. If you look at what you don’t have in life, you’ll never have enough.” -Oprah Winfrey

If you hear a voice within you say, ‘You cannot paint,’ then by all means paint and that voice will be silenced. -Vincent Van Gogh

What’s money? A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do.” -Bob Dylan

Build your own dreams, or someone else will hire you to build theirs.” -Farrah Gray

When one door of happiness closes, another opens, but often we look so long at the closed door that we do not see the one that has been opened for us.” -Helen Keller

Too many of us are not living our dreams because we are living our fears.” -Les Brown

A person who never made a mistake never tried anything new.” -Albert Einstein

Life is 10 percent what happens to me and 90 percent of how I react to it.” -Charles Swindoll

The most common way people give up their power is by thinking they don’t have any.” -Alice Walker

When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.” -Henry Ford

Do or do not. There is no try.” -Yoda


I hope you enjoyed these quotes as well

Norwood Teague

Motivational quotes

Norwood Teague discovering great quotes

While reading and researching ideas on the internet I ran across a bunch of great quotes. As I read them I thought I’d capture them on my blog and share them with my network.

Here is the first set I found:

Make a customer, not a sale.” – Katherine Barchetti

Life is too short to spend your time avoiding failure.” – Michael Bloomberg

In sales, a referral is the key to the door of resistance.” – Bo Bennett

If you are not taking care of your customer, your competitor will.” – Bob Hooey

If we had no winter, the spring would not be so pleasant: if we did not sometimes taste of adversity, prosperity would not be so welcome.” – Josh Billings

If this is something that you really want to do, if you believe in it … simply keep forging forward because success will come.” – Cassandra Sanford

I’m not afraid to take a swing and miss.” – Fred Smith

I talk a lot about taking risks, and then I follow that up very quickly by saying ‘take prudent risks.’” – Irene Rosenfeld

I learned that you don’t get anywhere by sitting comfortably in a chair.” – Conrad Hilton

I don’t believe in failure. It is not failure if you enjoyed the process.” – Oprah Winfrey

He that is good for making excuses is seldom good for anything else.” – Benjamin Franklin

Great works are performed not by strength but by perseverance.” – Samuel Johnson

Every sale has five basic obstacles: no need, no money, no hurry, no desire, no trust.” – Zig Ziglar

Don’t ever let someone tell you that you can’t do something. Not even me.” – Chris Gardner

Business opportunities are like buses, there’s always another one coming.” – Richard Branson

Ask that extra question. It’s that one little extra question that makes the difference.” – Steve Richard

A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.” – Jeff Bezos

Whatever you are, be a good one.” – Abraham Lincoln

I got lucky because I never gave up the search. Are you quitting too soon? Or are you willing to pursue luck with a vengeance?” – Jill Konrath

Don’t let what you cannot do interfere with what you can do.” – John R. Wooden

All things being equal, people will do business with, and refer business to, those people they know, like, and trust.” – Bob Burg


I hope you enjoyed these quotes as I did

Norwood Teague

Books Norwood Teague has enjoyed

Books enjoyed by Norwood Teague’s

Here are a few books I’ve enjoyed and/or benefited from reading myself. I believe you will enjoy them as well:

Too Many Bosses, Too Few Leaders: The Three Essential Principles You Need To Become an Extraordinary Leader, by Rajeev Peshawria. The best book I have ever read about leading an organization. Incredibly insightful.


Say Nothing, a true story of murder and memory in Northern Ireland, by Patrick Keefe. Growing up in the 80s, I heard some much about the problems in Northern Ireland. This book does and excellent job covering the many stories and timelines I had only heard about via the nightly news. Well written and worth the read.


Good to Great: Why Some Companies Make the Leap….and Other Don’t. by Jim Collins. A true business classic. If you have not read, you have to. Should be the first book college grads read once entering the business world. Some many great lessons.


The Long Gray Line, by Rick Atkinson. Covering the Class of 66′ at West Point, this is a riveting look at Vietnam and the intense toll it took on this group.

Band of Brothers, by Stephen Ambrose. Even if you have seen the HBO Miniseries, take time read the book. Amazing.

1944: The Year That Changed History, by Jay Winik. Terrific read that covers this pivotal year, with much discussion on what we did and did not know about the Holocaust.

The Legends Club: Dean Smith, Mike Krzyzewski, Jim Valvano, and an Epic College Basketball Rivalry, by John Feinstein. For anyone who loves college basketball, especially the ACC, this is a must read by my friend John Feinstein. Its even a bit of a tear jerker, especially at the end.

Hillbilly Elegy: A Memoir of a Family and Culture in Crisis, by JD Vance. This has been on the NYT Best Seller List recently, and I understand why. It features great storytelling, and look at a culture that many of us either come from or have touched throughout our lives.

Soldier From the War Returning; The Greatest Generation’s Troubled Homecoming from WWII, by Thomas Childers. I still do not know how I found this book, but it is phenomenal. For someone who reads a lot of WWII history, and to some sense, someone who glorifies it, this was an eye opener and a must read.


The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters, by Gregory Zuckerman. If you want to learn more about the fracking craze of several years ago, this is a well done synopsis.


Joker One: A Marine Platoons Story of Courage Leadership and Brotherhood, by Donovan Campbell.  A Marine friend of mine recommended this book as he also served in Iraq during the time that Donovan Campbell did. He said it was very realistic. I could not put it down.

Please follow or connect with me on LinkedIn if you want to see what I am sharing and engaging on there.


Interesting books

Recently I heard of a few good books I thought I’d share with my followers.

Rather than me rewriting the benefit of reading these books, I grabbed the Google Info panel for these books and pasted below the links included here:

  1. First, Break all the Rules by Marcus Buckingham
  2. The Lean Startup by Eric Reis
  3. The Hard Thing about Hard Things by Ben Horowitz
  4. The Power of Habit by Charles Duhigg
  5. The E-Myth, Why most businesses don’t work and what to do about it by Michael Gerber
  6. Shoe Dog, A Memoir by the Creator of Nike by Phil Knight
  7. Purple Cow; Transform your business by being Remarkable by Seth Godin
  8. Crushing It!: How Great Entrepreneurs Build Their Business and Influence-and How You Can, Too by Gary Vaynerchuck
  9. Extreme Ownership: How U.S. Navy SEALs Lead and Win By Jock Willinik
  10. What Got You Here Won’t Get You There by Marshall Goldsmith

I think these books could be useful for any business owner or leader to read.

Norwood Teague

Please follow or connect with me on LinkedIn if you want to see what I am sharing and engaging on there.

Norwood Teague on LinkedIn

Norwood Teague on LinkedIn


Yes, you can teach an old dog new tricks.

I’ve been learning how to use LinkedIn over the past few months. It really is a great way to network professionally.

Here are a few of my recent posts:

Norwood Teague LinkedIn

Norwood Teague LinkedIn

Norwood Teague LinkedIn

Norwood Teague LinkedIn

 


Norwood Teague LinkedIn

And my first post to LinkedIn from back in late 10/2018

Norwood Teague LinkedIn

Based on the amount of engagement, I think I’ve come a long way

Please follow or connect with me on LinkedIn if you want to see what I am sharing and engaging on there.

You don’t need to answer the phone just because it rings

norwood teague quote #3

I read an article on www.askthemanger.com about voice mail management. The ideas they shared and some of my own may be useful to you as well.

Just because the phone rings does not mean you need to answer it.

Here are a few best practices you may be able to use to better manage your phone calls and voice mail messages:

  • If you have an office phone use the DND (Do Not Disturb) feature when you are in meetings and when you want to be focused on specific tasks.
  • Cell phones have lots of features for managing calls
    • Do Not Disturb
    • Silence Mode
    • Disable Notifications
    • Some phones allow for sending specific people direct to VM.
    • Text Reply messages when you send a call to VM.
    • Transcription of VM (Google Voice Feature)
  • Add a phrase to your voice mail greeting setting an expectation to when you will listen and reply.

As with email messages, you don’t need to listen to every voice mail message when you get one. Schedule time, maybe a few times each day to manage your messages.

Interruptions caused by the phone and voice mail messages cause unnecessary productivity reduction and causes us to lose focus on our goals.

Manage your phone calls and voicemails on your schedule, as best you can. Let your phone disturb you as little as possible.
Norwood Teague.

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Purposeful Networking in Business

Norwood Teague quote #1

Networking is an important business activity.  However, the networking must be purposeful and relevant.

There is nothing wrong with meeting friends and business associates for coffee or lunch. However, this is not purposeful networking, it’s friendly networking. Never stop doing this, it’s important as well.

Purposeful networking is much more intentional and focused.

One step to staying focused and intentional is to first do research on specific Regions, Industries, Companies, and Roles. This is a core step to prospecting, however, also to purposeful networking. Research is critical in any business process.

This research helps you to be as informed as possible of the businesses and people you are looking to network with and begin business conversations.

If you are informed, as you network through community and industry events, social events, conferences, summits, seminars, even family and friend events, you can pay more attention and even ask for relevant introductions where possible.

You can’t be effective or efficient at purposeful networking until you practice doing this.

Practice does not make perfect, it makes permanent.

Practice Purposeful Networking and you’ll be more successful using networking as a worthwhile business process.

Norwood Teague

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NC CEO Summit Speaker Addition – Neal Fowler

This article originally published on Business North Carolina.

The Executive Board of the NC CEO Summit is pleased to announce the addition of Neal Fowler to its speaker lineup. Fowler, CEO of Liquidia Technologies, will speak on the lessons learned while building his Research Triangle Park-based company. Its primary mission is to transform patients’ lives with precise drug particles.

Liquidia raised more than $50 million last July in an initial public offering and its share price has increased more than 80% since then. Fowler will also discuss how collaborations with universities help drive innovation and growth in North Carolina.

Peer presentations by influential CEOs will be a special emphasis at this year’s Summit. “More of our CEOs and Presidents want to hear from their North Carolina peers,” says Executive Board member Heather Denny of Wells Global. “This seems to be where they learn the most and the presentations they find most informative.”

Neal Fowler joined Liquidia in 2008 after seven years in an executive leadership role at Johnson & Johnson. At J&J, he served as president of Centocor, Inc., a multi-billion- dollar subsidiary.

Prior to Centocor, Fowler was president of J&J owned Ortho-McNeil Neurologics Inc. and vice president of the central nervous system franchise at Ortho-McNeil Pharmaceuticals. He also had a 13-year career at Eli Lilly and Co. Fowler received a B.S. in Pharmacy and an MBA from UNC-Chapel Hill.

The NC CEO Summit, held April 1 & 2 in Pinehurst, features a day and a half of networking, collaboration, and learning for North Carolina CEOs and Presidents.

To learn more about this event, please visit: businessnc.com/ceosummit.

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