Method 8
Welcome to the Method 8 Blog Merging Christian and Business thinking for all.
Please comment with ideas that are professional and with reason. We have to maintain honor when we respond to life changing questions. All comments in the Method 8 discussion forum are not posted to entertain but to develop opinions that will help those who seek answers for the common good and can grow with those answers. So please be respectful of all comments placed in the forum, and always be courteous of others’ thoughts. Method 8 blog is a method to brain storm and generate ideas in regards to business. All businesses in Method 8 blogs are randomly selected.
How Michael Jordan moved from NBA star to an Entrepreneur
         Michael Jordan, the greatest basketball of all time, is a businessman, and a family man. As a college student Michael Jordan left college his junior year to join the NBA. He was drafted to the Chicago Bulls. He proved himself on the court for many years, until he retired at the end of the 1992-1993 season to pursue baseball. In 1995, he left the baseball world to return back to basketball. He rejoined the Chicago Bulls to help them win the championship. In the same year Michael Jordan decided to go into the movie world. His first movie was Space Jam released in 1996. In 1998, Jordan joined the Washington Wizards as part owner, and president of basketball operations. In 2001, he made his way back on the court as a Wizard. Officially in 2003 Jordan left basketball for good. With years of experience as basketball operations, in 2006 Jordan bought a share of the Charlotte Bobcats. He joined the team’s executive ranks as managing member of basketball operations. Outside of the Charlotte Bobcats, Jordan has got himself in many different venues. He had the Jordan shoe, spokesman for Hanes, and owner of some restaurants.
               Do not limit yourself to only profession. As you can see Michael Jordan has done everything he wanted to do in life and so could you.
To read more about Michael Jordan’s move go to http://www.biography.com/print/profile/michael-jordan-9358066
Fun Facts about Michael Jordan
Michael Jordan is one of the world’s most popular and recognizable figure. Michael Jordan endorsements include the following: Gatorade, Upper Deck, Hanes, Nike, Coca Cola, McDonald’s, Chevrolet, Wheaties, MCI and more. In 2004, he formed Michael Jordan Motorsports for his passion for racing. In 2010, he was ranked by Forbes as the 20th most powerful celebrity in the world with $55 million earned from June 2009-June 2010. Michael Jordan is the first former NBA player to own an NBA team.
For more facts about Michael Jordan go to http://www.blackentrepreneurprofile.com/profile-full/article/michael-jordan/
Who brands Air Jordan?
You do not only have to settle for one career. Network with people to get your name known in the business. Michael Jordan did just that. He caught the attention of Nike who brands Air Jordan. In 1985, Jordan joined Nike and then eventually created his own shoe. He is the innovator of athletic shoes and apparel. The Jordan brand has grown to become the market leader under Jordan’s creative design.
www.blackentrepreneurprofile.com/profile-full/article/michael-jordan/
Top Five Steps of Making the Most of your Internship
So you got the internship at the company you wanted. Now you’re nervous on what is next. Here are some tips to help you get the most out of your internship.
1. Be a Good Intern.Â
Be the intern who always listens to what is told. Ask questions about anything you may know. Â Show up on time and do not abuse your lunch break hours (coming back to work late). Also do not get mixed up in the gossip or rumors.
 2. Go Above and Beyond.
Do not be afraid to take an extra step on a project that is given to you. If you have to edit 5 videos at your internship weekly go above and beyond and do 5 more, if time allows. Show the employer that you are willing to do more than ask. Make sure whatever project you are doing you do it right.
 3. Display Energy and Enthusiasm.
Continue the same energy you had while at your interview. Be excited and enthusiastic about being at your internship each day. The day you come in with an attitude, or I don’t care attitude, this will make you look as if you do not care to work. Student who show an upbeat attitude are more likely to obtain greater opportunities in the future.
 4. Network, Network, Network.
Get to know the people who are in the company. On your lunch break talk with some of the employees and see how they got started. This will be a good time also to speak more to your supervisor. Â You can contact a 15-20 minute informational interview.
 5. Gather Portfolio Fillers.
Throughout the time you are at your internship create an portfolio. The items that can be included in your portfolio are: copies of your completed projects, positive reviews/supervisor feedback, and letters of recommendation. You can ask your employer for these documents so after you graduate you can show off the work you have done for a company similar to there’s, if you wasn’t offered an job at the company you was an intern for.
Following these steps can potentially get you a career, or get reviews that you can take with you everywhere. Remember do your best, be the best, and you can go far.
To get more information on how to make the most of your internship go to www.internweb.com/make-the-most-of-your-internship/
Who founded Facebook?
        Mark Zuckerberg is the founder of Facebook. Mark was 23 years old when he created Facebook in his Harvard dorm in February of 2004. Facebook became popular around Harvard’s campus and then expanded to Yale and Stanford. Facebook was set up only for college students. With any company Mark included two of his friends, Dustin Moskovitz and Chris Hughes, to take Facebook to the next level. Within a couple months Facebook became a national. Mark and his friend dropped out of college to operate Facebook full time. In August of 2005, Mark and his friend changed the name from The Facebook to Facebook. Facebook was sold after the name change for reportly $200,000.
 To read more on Mark Zuckerberg and Facebook go to www. Mashable.com/2006/08/25/facebook-profile.
How to start a film production company
Do you have an interest in film? How about creating your film, and selecting your own staff? Here are some ways to start your own film production company.
Here is a inside look on the business side:
- Find a script that you love and want to work with. Get a film that cost less than a million dollars. You will need to find funding to help you make this film become a reality. Remember this could take years but stick with it.
- Create a business plan. In your business plan explain how many people need to employ and how much money you need. This is the first and most important step of creating your film production company.
- Get a business license. You will have to check your state laws to see if your business is required to have a license. Next you have you incorporate your new company.
- Begin searching for funding. You will need money to get your company and your film moving. Ask your family and friends first to see if they are willing to help. If you work save some of your money to go towards your project. You can also start looking for investors, but do not settle for the first investor. Shop around.
- Network, Network, and Network. Go to different film festivals to get familiar with other actors, directors, and other professionals in your field. Make yourself stand out.
Here is a inside look on the creative side:
- Get the proper paperwork to secure your company. You NEED to have all proper legal documentations before you can start accepting screenplays or working with other actors. Before anyone can submit anything to your company you must have them sign a release form to protect your business.
- Search for talent. You need talent to have a film production company. You can post flyers, ads, or go on the web to search for talent.
- Work a deal. You will option your work. Option means some kind of investment on your part and then you will have the rights to produce that script for six months or a year.
- Build a great staff. This could be the most difficult part. Do not hire anyone or friends unless they have the same passion as you for your project. You will need a script reader, an accountant, an entertainment lawyer (most important), and a producer’s assistant. If you do not have the money for all of this you can possibly do some of the jobs yourself.
- Don’t give up. As hard as it may be at times never give up nor loose interest. Success does not come over night. Stay focused and motivated.
To read more on how to start your film company go to www.ehow.com/how_4464563_start -run-fil-production-company.html
How the NBA Trades work
      Before every NBA season there are many trades that take place. You wish and hope for the best players to be added to your team for an All-Star roster. In the process of the trades, each general manager has planned out and strategized on how to get the best players for their team. This is not an easy job, but here is a sneak peek on what happens.
       First, is the Salary Cap Calculation. This doesn’t only look at how much the team can offer a player, but whether the trade works under the rules, and how it may affect the future player salary and luxury tax.
     Secondly, is the Medical Information. Each player has to get a written statement discussing the player’s condition on whether this player is in the condition to play basketball. The written statement includes: shots, X-Ray’s, EKG’s, and more.Â
      Third, is the Exchange of Insurance Information. Each team must disclose the player’s insurance policies that cover their salaries. The managers determine if they want to continue the player’s policy or not. If a trade is during mid-season, the managers have to determine which part of the policy the team has to pay.
     Fourth, is the Bonus Assumption Decision. The team has to determine what portion they will pay if a player has ended up qualifying for incentive bonuses. This is done during a mid-season trade.
     Fifth, is No Trade Clause or Trade Bonus Reductions. In some cases a player can refuse to be traded, but in more frequent cases a player may have reduce their bonus to get traded on a team. If the player must sign consent then the general managers must have a discussion with player’s agent. They will discuss the terms and report back to the player. In some cases, if the player has to reduce their bonus then this player cannot receive any bonuses or incentives the entire season.
    Sixth, are the Draft Considerations. A written language that discusses exactly which picks will be traded. Doing this involves legal consent. Also, this is the protection against a pick being high in the draft, meaning Team L.A. cannot receive draft from Team Boston until Team Boston receives or trades a previous traded, or pick to from Team Miami.Â
    Seventh, Sign and Trade or Extend and Trade Deals. This is when the first team signs the player to a contact. This contract is only effective if the player is traded to the second within 48 hours. The Extend and Trade Deals is when a player signs a contract to extend their stay with a team and then gets traded to another team. This only works if a player is traded immediately.
    Eighth, is the Trade Call.  At this time if all of the above are ready to go. Then the general managers, lawyers, representatives of the teams, and others are involved in a conference call. This is where they discuss the terms and conditions aloud, and send out the appropriate paperwork to league before the deadline.
    Ninth, are the Reporting and Physicals. This determines how long a player has to report to their new team, and if the player is dependent to take a physical. During the summer, some teams tell their players to report back later than others, but NO player is allowed to suit up for a game if the player has not passed a physical exam.
     This is the process on how each player gets traded. Think about it…when you’re working with a group of people in your class or at work. If you get the chance to pick who you are working with you are looking the best players. Who can take on more of the directing role, who are creative, who can go out gather information, who can write or type, and more. This is most important if you’re starting your own business.
   To get view more about How the NBA Trade works by Mike Zarren go to http://www.nba.com/celtics/news/blog/inside-front-office.html
McDonald’s Open 24/7
      Good or Bad? In this case good. Let’s say you worked a 12 hour shift, and haven’t eaten lunch since 2:00 p.m. Your starving and need something quick to help you get through the night. Your driving home listening to the sound of your stomach. Nothing is open except for those,Golden Arc’s, McDonald’s at the end of the road. You order your food, and now you can continue your journey home.
      The first McDonald’s that pushed for 24/7 hours was located in Garner, North Carolina. “Over the first year of the 24/7 hours there revenue increased by 4.5% or $90,000.  Since 2003, more than 90% of the 13,700 McDonald’s in the United States extended there hours from the basic 6 a.m. to 11 p.m” says Businessweek.com. Currently, nearly 40% operate non-stop. At some locations they are serving breakfast up to 7 hours. “A $21.6 billion company now feeds a record of 27 million people everyday. This number has increased by1 million more since the year 2003″ adds Businessweek.com.
      To increase your numbers sometimes you have to do the unthinkable. Some employers of McDonald’s didn’t think 24/7 would work, but it has.
      To read more on the success of McDonald’s go to http://www.businessweek.com/magazine/content/07_06/b4020001.htm
Who created the first cell phone?
       Have you ever wondered who created the cell phone? Cell phones are extremely popular for my generation that I know a few kids under the age of 10 with them. I remember being young seeing my first cell phone, they were huge like a brick. Now today you see cell phones slim as a sheet of paper. Let’s take a journey in time, and see who created the first cell phone. The must have device.
       So, who created the first cell phone? Some may say Steve Jobs but nope. A man named Martin Cooper from New York City was the innovator of the cell phone. In April 3, 1973, as the general manager for Motorola Communications Systems Division, his first call was to his rival AT&T Bell Lab.
    Shortly after his first call, Cooper conducted a public demonstration using a 30 pound brick like cell phone. It took Cooper 10 years to finally get the cell phone on the market. Motorola was the first to introduce the 16 ounce DynaTac phone in 1983. These phones cost the consumers $3,500. 7 years later there were a million cell phone subscribers.
     Today there are more cell phone users than land line phone subscribers. Currently, most phones weigh 3 ounces compared to the 30 pound cell phone.
   To learn more about the first cell phone or about Martin Cooper view http://inventors.about.com/cs/inventorsalphabet/a/martin_cooper.htm












