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PDF - BizNOW Magazine
Vol. 5 Iss. 10 October 2015 get inspired NOW inspiring the creative spirit in every business leader HIGH TECH Workouts POWER UP Become a SALES ASSASSIN! Innovative Solutions Proven Results Let us help make your bright idea grow Graphic Design Package Concept Print Completion We’re Panther Graphics, a Midstates Group company aimed at helping businesses increase their return on investment with marketing strategies that work. We can successfully integrate our print development concepts and services into your business strategy to help gain new clients and grow your business. Branch out with us. 605.335.1103 Like us 321 N. Kiwanis Ave. SF, SD PANTHERG.COM POWERED BY A Midstates Group Company “Our mission is to add value to the products and services we provide through outstanding customer service, cutting edge technical knowledge, innovative production technique and best value pricing.“ HIGH TECH POWER UP Workouts Become a SALES ASSASSIN! Power up your game, your business, your life! This month is all about powering up your world. Shattering barriers, crashing through obstacles, throwing out the things that don’t work and drawing in more of the things that do. Our cover models are entrepreneurial and health minded: Amber Bartmann, Alisha Meyer and Jessica Schaap show that you can be both beautiful AND powerful. Cover photo by Julie Prairie. In this issue, you’ll find power tips to get you to the top of your game and your fitness goals in How Technology is Changing your Workout. Maybe you could use a little help with a Health Coach. Have a fear of public speaking? We all do! Discover 3 Tips to Become a More Powerful Speaker. Get killer sales skills with tips on how to Become a Sales Assassin! Behind the scenes in Sioux Falls real estate are the Heavy Lifters, the builders who make it all possible! See what’s coming next to Sioux Falls! Reduce your stress, take in a game with the Force to Be Reckoned With: The Sioux Falls SkyForce. And don’t forget the Power of Giving – probably the most powerful thing you CAN do. These tips will set you apart and ahead of the competition. So take a moment, and reflect. What’s one thing you wish you could do in business that you think you can’t do? This is the month to go for it. Move beyond the fear. Gear up, get energized, get the tools you need, and get to the next level. It’s an extraordinary marketplace right now, and a perfect time to be an entrepreneur. You can do it. Biz is with you all the way! 22 articles 5 T he Power of Giving: Becoming a Mentor 7 3 Tips to Be a More Powerful Speaker 8 B ecome a Sales Assassin! 10 B uilders: the Heavy Lifters behind the Real Estate Industry 12 Types of Power of Attorney: Which is Right for Me? 13 K eep on Truckin’ The Driving Force Behind the Trucking Industry 14 H ealth Coaches: What They do, Why You May Need one 21 © Julie Prairie Photography ABOUT THIS ISSUE: 16 Accredited Investors: the Real Power Players! 21 Big Mac, anyone? Beefing Up: making meat healthier 22 How Technology is Changing your Workout! 26 Power Up your Career Beyond the Cubicle 29 A Force to Be Reckoned with: Sioux Falls SkyForce 30 The Power of Finding Yourself 31 8 Hidden Forces Changing Our World 33 The Power of Small Decisions (and why they matter) 8 14 REGULAR FEATURES Biz Ag 21 Biz Editor Note 4 Biz Experts 18 Biz Finance 16 Biz Health 14 Biz Opportunity 26 Biz Real Estate 10 Biz Spiritual 33 Biz Sports 29 Biz Tech 22 What's NOW 34 October 2015 | BizNOWmagazine.com | 3 © Push Play Photography NOW leader every business eative spirit in inspiring the cr contents Vol. 5 Iss. 10 October 2015 get inspired from the EDITOR POWER UP Get into Superhero mode! There are 500,000 new businesses started in the US every year and half of them fail within 1 year. Within another 5 years, another 50% fail. Sometimes it feels like it takes a will of iron to keep going. You almost need superhuman strength! In order to win, maybe today’s entrepreneurs just need to take a lesson from superheroes. Here are 10 famous quotes from superheroes that might inspire you. And remember, good leaders achieve what’s possible, but superhero leaders achieve the impossible. 1. T his nation was founded on one principle: The requirement that we stand up for what we believe, no matter the odds or the consequences. – Captain America 2. Everything's impossible until somebody does it. – Batman 3. T he door is more than it appears. It separates who you are from what you can be. You do not have to walk through it… You can run. – the Fantastic Four 4. Y ou can overcome this or you can wither and die. The choice is yours. – Batman 5. You're much stronger than you think you are. – Superman 6. "You counter despair with hope. You strive forever for the best you are capable to be! Therein lies the victory!" – Storm 7. Life doesn’t give us purpose. We give life purpose. – the Flash 8. Y ou’re going to make a difference. A lot of times it © Julie Prairie Photography won’t be huge, it won’t be visible even. But it will matter just the same. – Commissioner James Gordon 9. When you decide not to be afraid, you can find friends in super unexpected places. – Ms. Marvel 10. It’s not dying that you need be afraid of, it’s never having lived in the first place. – the Green Hornet The best superhero power might be the way you can inspire the next superhero in business. So grab your cape, put on your mask, power up, and get ready to change the world! Charlotte Hofer Publisher/Editor 4 | BizNOWmagazine.com | October 2015 NOW Publisher BizNOW Magazine, LLC. Editor Charlotte Hofer 605-376-3758 char@biznowmagazine.com Design Director/ Senior Creative Ally Vogel 605-759-5615 ally@allysart.com Director of Marketing Tim Cummiskey 605-366-1489 tim@biznowmagazine.com Director of Business Development Alan Dooley 845-235-5381 Assistant Copywriter Sarah Sproul Social Media Coordinator Jessica Newell Contributing Photographer Julie Prairie Photography Reproduction or use of the contents of this magazine is prohibited. BizNOW Magazine is published monthly by BizNOW Magazine, LLC and strives to publish only accurate information, however BizNOW Magazine, LLC cannot be held responsible for consequences resulting from errors or omissions. All material in this magazine is the property of BizNOW Magazine, LLC and cannot be reproduced without permission of the publisher. Send magazine feedback and advertising and sales inquiries to tim@biznowmagazine.com ©2015 BizNOW Magazine, LLC All Rights Reserved. Connect with us! Visit us online at: www.biznowmagazine.com Follow us @BizNowMagazine for news that affects the Sioux Empire business community Smart BIZ by Alan Dooley ! MENTORING Increases salaries, promotions, and retention A comprehensive study in 2006 by Gartner, a Connecticut-based research firm of over 1,000 workers over a 5 year period, revealed the following benefits of mentoring: • 2 5% of employees who enrolled in a mentoring program had a salary-grade change, while only 5% of workers who did not participate in a mentoring program had a change • M entors were promoted 6 times more often than those not in a mentoring program • M entees were promoted 5 times more often than those not in a mentoring program • R etention rates also were higher for both mentees (72%) and mentors (69%) than for employees who did not participate in a mentoring program • M entees tend to experience higher career satisfaction, career commitment, career mobility, and have positive job attitudes. the POWER OF GIVING Americans have a rich history of giving. From philanthropists of the Gilded age, Carnegie, Mellon, Vanderbilt, Vassar, Morgan, who brought us colleges and universities, the railroad, our public library and banking systems to modern era philanthropists like Warren Buffet and Bill Gates who created the largest charitable foundation the world has ever known, our lives are better because of their vision and generosity. an executive loan program to help a local Giving doesn’t necessarily mean giving charity. financially. You can also give your time, thoughts, insight and advice. Writers have given us timeless books that teach and While 97% of those being mentored said they entertain. Individuals, charities benefitted from the advice, the mentor and corporations who too gains from creating a trusted make giving a priority associate along with honing their can greatly impact own skills in order to help the lives of those in “We are like islands someone else. their community. in the sea, separate One powerful act of Additionally, Forbes sharing can impact on the surface but acknowledges that lives for generations becoming a mentor can connected in the deep.” to come. boost one’s own career. By – William James Mentoring programs are endorsed by 71% of Fortune 500 companies and a recent survey indicated that 69% of all companies have a formal mentoring program, be it one-on-one or increasing one’s influence and value to the organization through mentoring, an individual could see an increase in salary, a promotion or simply have better retention value because they help reduce turnover and have an increased commitment to the organization. This sharing of knowledge can lead to the identification of top talent. u October 2015 | BizNOWmagazine.com | 5 6 | BizNOWmagazine.com | October 2015 by Melissa Bien 3 Smart BIZ 3 Tips to be Become a MORE POWERFUL PUBLIC SPEAKER Are you feeling the pressure to deliver more powerful presentations? Powerful speakers stand out and seem to have the audience sitting on the edge of their seats…and they make it look easy! Regardless of whether you enjoy speaking or not, when you find yourself up in front, there are usually pretty high stakes riding on your performance. Follow these 3 tips to ramp up your next speech’s power factor. Get Focused Speaking should always be about what you can give your audience, so when planning (and yes, you must plan – winging it doesn’t work well) focus in on what you want them to take away – be specific. What do you want them to do – think or feel differently when you are done? If you cannot answer this, your audience has no chance at figuring it out! Once you know where you want to lead them, you must craft a portion of your opening to tell them the WHY. Why should your attendees put down their phones to listen to you? You must tell them how your information will benefit them. If you skip this part, it will not matter where you want to lead them, because chances are they have already wandered off. Be Authentic Don’t pretend to be a copy of that powerful speaker you saw last month. Instead power up your talk, while staying in touch with the true you. Authenticity makes you more trustworthy, so let some of your uniqueness shine through your polished presentation. Soon you will be the stand-out speaker that your audience will be talking about later. Additionally, and this cannot be emphasized enough, speaking from the heart allows your passion to show. Sharing your passion really puts you out there and sometimes requires you to take a brave leap. But passion is a contagious spark that will solidify a strong connection with your audience and have them following you all the way to your last words! Melissa Bien is a long-standing member and club officer of the Sioux Falls Toastmasters Club #210, the Director of Environmental Health & Safety for Sanford Research and the owner of True Voice – a company focused on providing speech coaching. Get Coached The bad news is - it is extremely hard to improve and become a powerful speaker on your own. The good news is - there are many options for you to get that needed feedback! • J oin and participate in a club. Toastmasters is an international organization that focuses on improving public speaking and leadership skills. There are many clubs in Sioux Falls, making it easy to find a club that meets your needs. • C heck out classes, such as Dale Carnegie, that offer instruction on better public speaking. • H ire a coach. Speech coaches offer great value because their advice is tailored to you and your presentation goals. Powering up your speaking skills allows you to have better outcomes whenever you get to (or have to, depending on your perspective) speak to a group. Get focused. Be Authentic. Get Coached… Become a More Powerful Public Speaker! u Smart BIZ Sponsored by: Call us today! 605.428.6150 www.ercjobs.com Craig Libis October 2015 | BizNOWmagazine.com | 7 Smart BIZ by Anthony Caliendo ENTREPRENEURS: BECOME SALES ASSASSINS The startup world is an attractive, shiny and optimistic place to be right now. Creative, entrepreneurial minds are constantly trying to invent something extraordinary and buzzworthy enough to change the marketplace and the world. Building a brand plus achieving financial independence and security are key reasons to take that leap of faith to business ownership. Risky? Yes. High, calculated risk can mean high reward. That’s what makes starting a new business venture worth the sacrifice. That’s how the most successful entrepreneurs remain determined and driven at all costs. As entrepreneurs, we always find tons of advice about why to start a business or what we should do tactically to keep the business thriving. Sure, it all starts with an idea. But what’s more, entrepreneurship starts with driven and focused individuals that decide they have a story to tell and want to reap the rewards from sharing it with others. Whether or not the business succeeds has nothing to do with how ground-breaking the idea is. It has everything to do with the entrepreneur’s mindset; how committed they are to changing the world. 8 | BizNOWmagazine.com | October 2015 All entrepreneurs need to become Sales Assassins: someone who is incessantly driven, has outrageous focus, discipline and commitment to sales success and has razor sharp instincts to navigate through cycles and trends. Achieving and maintaining ultimate success as a business owner is a lifestyle and never deviates from idea to idea. What Sales Assassins do: 1. Be the World’s Leading Expert. Be the best and the one with more knowledge than anyone else. Everyone loves being with, working with, and buying from the best. 2. Be Remembered or Be Forgotten. Differentiating you and your business is reinventing what you offer in relationship to the competition. No matter what that is, you have to make an impression. Be unique. Be distinctive. 3. Anticipate Set-backs. You will face constant obstacles that could be deadly to success. It’s how you handle the obstacles that set you apart from the rest. A Sales Assassin always focuses on what he or she can control. Obstacles are mere pit stops on the way to the next score. 4. Never Ruin Your Personal Brand. Never compromise yourself for a quick buck or win, or you risk becoming blacklisted in your industry; rebounding from it is nearly impossible. Always strive to develop and maintain Leadership Integrity. 5. Own Up. Life’s lessons are powerful and rapidly become the foundation of your success. Recognize them, if you fail, be accountable for the role you played, and learn from it. 6. Use Your Instincts. Learn when to cut your losses and move on to bigger things, other ideas, or new strategies when necessary. 7. Change Your Mindset; Change Your Lifestyle. Consistently make conscious choices and changes needed to drive, achieve and sustain desired results. 8. Load, Lock & Aim: Continually achieving higher status and upward mobility means setting goals and outlining strategic plans for consistent achievement. Trying to build success without measurable, attainable goals is like running a race without a finish line. u Anthony Caliendo, author of The Sales Assassin: Master Your Black Belt in Sales, has been a sales master for over 25 years. Caliendo has discussed his sales strategies on TV and radio, and has been quoted in many industry journals. He lives, works and plays in South Florida with his wife Lynette and their 8 children. Contact him at thesalesassassin.com. RARE OPPORTUNITY to Invest in NEW Ethanol Plant in South Dakota! ACT FAST to secure YOUR equity position! Ringneck Energy is building a 70 million gallon per year ethanol plant near Onida, SD and is raising $74.5 million from ACCREDITED investors. Visit ringneckenergy.com or call (605)258-2900 for details. Open August 7 - October 25, 2015 Admission: Adults $7.00, Kids (5-10) $5.00, 4 and under FREE Hours: Fri. 5-9 p.m., Sat. 12-9 p.m., Sun. 12-5 p.m. Open Labor Day 12-5 p.m. (last person enters at closing times) For groups of 20+ • $5 per person • Will open anytime • Call for an appointment! Haunted Maze-October 30 & 31, 2015 6-9:30 p.m. Bring your own flashlights! Location: GPS Address: 27455 SD Hwy. 11, Harrisburg, SD 57032 (2-1/2 miles east of Harrisburg, then south 1-1/2 miles on Hwy. 11) Harrisburg, SD • (605) 743-5984 www.heartlandcountrycornmaze.com October 2015 | BizNOWmagazine.com | 9 BIZ Real Estate by Biz Staff BUILDERS: THE HEAVY LIFTERS Behind the Real Estate Industry Sioux Falls ranks 3rd in the nation in Forbes 2015 list of Best Places for Small Businesses. Our community is exploding! The City of Sioux Falls has reported that in 2014, 14,945 building permits were issued throughout the city, which doubled from the year before. Ron Bell, the Chief Building Official for the city of Sioux Falls, claims that for the year of 2015, we have already shattered last years’ record, and the year isn’t even over! “When you hit record construction, it’s definitely a healthy economic indicator,” Bell states. Growth means more homes and businesses going up, which is great for the city. Steve Van Buskirk, the Director of Land Development at Van Buskirk, says that Sioux Falls growth means that builders and businesses can create jobs and add equipment to keep up with the demand. “It is much easier for companies to plan for steady solid growth than severe changes in momentum. Construction is difficult to manage because the weather can cause scheduling conflicts which makes it hard to keep the resources fully engaged,” says Van Buskirk. “Adding in the variables of a volatile marketplace, it becomes quite a challenge.” 10 | BizNOWmagazine.com | October 2015 Planning major construction projects takes a lot of experience and vision. “You need to understand what it is going to look like when you are done so you know how to create a development plan that is flexible with market changes,” Van Buskirk admits. He has been working on the Lake Lorraine development site – south of 26th between South Marion Road and I-29 in Sioux Falls – for two straight years at a rapid pace. It will be about 100 acres around Lake Loraine with commercial space and about 5 or 6 acres of residential area. There will be two retail strip malls, a senior center and an office building near the GRATHIA CORPORATION Private Lending & Trust Deed Investing lake. “With our master plan in place, we can continue to plan individual parcels and projects,” Van Buskirk states, “All of these plans take into account different disciplines to create a product that owners and consumers will enjoy. We are constantly fine tune and improving our plans to accommodate client’s needs, open spaces, civil engineering, architecture, marketing, construction, and real estate brokerage concerns.” There is opportunity for other construction companies to build in the area as well. In the very near future, two more firms are set to begin construction on Cars For Sale Up toLiving, 80%a senior of residence center. Van Buskirk and Grand the information a be working around Lake anticipates many firms will Lorraine, as individual parcels are sold to various owners patient receives and developers. is forgotten immediately. And often, half of “You need to that will be incorrect.* understand what it is we when help: going toHow look like attend doctor appointments you•• are done so you explain medical terms know how treatment to create • research options • review your medications a development plan • work with your entire that ishealthcare flexibleteam with the • assist your elderly parents market changes,” – Steve Van Buskirk The city is already a burgeoning community, and this is one more opportunity for builders and businesses to create something new Yvonne andMossberg, vibrant. BSN, u CHA President and Founder Someone who speaks up for YOU. * according to a study by NIH PrairieHealthcareAdvocacy.com financeresidential residential real GRATHIA CORPORATION WeWe finance realestate estate projects for investors. P r i v a t e Lprojects e n d i n g &for T rinvestors. ust Deed Investing We finance residential real estate Cashflow rental property for sale, with projects for investors. tenants and management included. fast funding GRATHIA.com Don’t let a deal pass you by 845-235-5381 fast funding GRATHIA.com Don’t let a deal pass you by 845-235-5381 Feeling stressed? The complexity of the new healthcare system can be overwhelming. I can help you – or your aging parents – navigate the health care jungle. The Coach in your Corner for Navigating the Healthcare System Yvonne Mossberg, BSN, CHA President and Founder PrairieHealthcareAdvocacy.com 605 941-0868 | yvonne@PrairieHealthcareAdvocacy.com MAKE THE RIGHT MOVE 605 941-0868 | yvonne@PrairieHealthcareAdvocacy.com When selling your home, you want to maximize your money while minimizing inconveniences. You need a trusted real estate partner with the insight and experience to get things done right. Call the Tony Ratchford Group to learn how their proven Dream Home Process can work for you. David Colleen Sue Tony Megan Carli Diane Ashley 605-359-4100 | TonyRatchford.com Info@TonyRatchford.com October 2015 | BizNOWmagazine.com | 11 BIZ Legal by Biz Staff TYPES OF POWER OF ATTORNEY WHICH IS RIGHT FOR ME? It’s a mystifying term that can carry awesome responsibility and possible legal headaches, but will also provide peace of mind to you, as the person designating that power. There are different types of power of attorney, each allows your agent to handle your affairs when you’re unable or incapable of doing so. A power of attorney is commonly granted for medical, financial, legal or business circumstances: Medical A healthcare proxy can allow someone else, usually an adult child, to discuss and decide medical issues concerning a parent or loved one with medical professionals. Financial In the event of you becoming incapable of managing your own finances due to age or illness, a trusted loved one can be given the power to write checks and manage your finances on your behalf. An accountant can be given limited power of attorney in order to work on your taxes. Legal An estate plan names people to help you make decisions if you ever become incapacitated. Even a simple estate plan with durable power of attorney forms can protect you and your loved ones during your life and after death. The term “durable” means that the document will remain in effect or take affect if you become mentally incompetent. Business There can be a multitude of reasons to assign power of attorney in order to conduct business expediently and efficiently. You may decide to purchase property but cannot attend the closing, so your accountant or an associate may be given the power to sign on your behalf. One or two other key people in your business structure may have the power to write checks in your absence or sign contracts on behalf of the firm. A third party auditor should be employed to verify proper accounting methods. u Let us bring Your Vision to Framing is the core of any project. We are ready to frame your project whether it is a multi-story hotel or a new home. Commercial space or dream home: we’ve got you covered! Quality. Experience. On time, on budget. Call 605-310-7727 Pro Framing, Inc. Commercial & Residential Framing 26070 Brower Circle, Hartford, SD proframinginc.com 12 | BizNOWmagazine.com | October 2015 Life. Commercial & Residental Wood Framing Since 2008 WE’rE Expanding! If you’re an experienced framer, give us a call. BIZ Feature by Sarah Sproul The Driving Force behind the TRUCKING CDL training is usually 4 weeks to a couple months long. Anyone over the age of 18 who does not have a disqualifying driving infraction is eligible for a commercial driver’s license. Disqualifying infractions are rare and involve only the most serious of moving violations and certain non-driving crimes. A report released by ATA shows that freight volumes will increase by roughly 29 percent over the next 11 years so the outlook for truckers is good! Nearly 70 percent of all freight being moved in the U.S. is on trucks. So, the trucking industry is an integral part of the American economy. According to the American Trucking Association (ATA), moving 9.2 billion tons of freight annually requires nearly 3 million heavy-duty trucks and drivers. Simply put, our nation needs truckers. However, there is a rising crisis in the trucking industry – it’s facing a shortage of up to 40,000 drivers. The trucking industry continues to have a high turnover rate, coming in at about 84% in the first quarter of 2015, according to the ATA. Local truckers have a lower rate of 10 percent turnover, but that still dwarfs the national turnover rate across all industries, which the Bureau of Labor Statistics put at 3.5 percent in March. H ir d Interested in driving truck as a career? INDUSTRY Lon On average, trucks consume over 38 billion gallons of diesel fuel in order to move 10 billion tons of freight annually. For trucking companies, the largest expense is labor. While the greatest incentive for drawing in more drivers is the pay, companies may provide flexible scheduling, relaxed working environments, diversity in day-to-day activity, and good benefit packages. However, not many are chomping at the bait. The cost of diesel is the 2nd highest expense of a trucking company, eating up 25% of total operating costs. Another problem is the aging workforce. The average age of truckers is currently 49, compared to 42 for the national labor force as a whole. For independent owner/operators, the cost of buying their own big rig has been an increasing challenge over the past five years due to mandated environmental and monitoring technologies. Trucking, like other industries, has been greatly affected by technology. “Trucks have computers monitoring and controlling everything from fuel and exhaust systems to the temperature of the driver’s sleeper bunk,” Lon Hird, Director of Academic Support and Director of Training Solutions Institute at Southeast Tech in Sioux Falls states. “Many trucking companies have gone to a computerized driver’s log system. Drivers no longer have to enter hours of duty and miles driven by hand. A computer extracts that data from on-board systems. In short, this is not your grandfather’s trucking career,” Lon proclaims. Automated trucks are in the distant future! Closed sites like Rio Tinto’s Pilbara mine in Australia are already operating them. Daimler AG’s automotive company in Nevada has also authorized to test automated highway driving. But, even though the trucking industry may need it badly right now, automation is at least a decade away. Lon told Biz that while demand for commercial driver’s license (CDL) training fluctuates, there are roughly 40 people that receive their CDL through Southeast Tech each year. “There are opportunities and advantages of careers in the transportation industry,” Lon says, “While driving professionally is not for everyone, it does provide a very good living for those who choose it as a career.” So, the jobs will continue to be available, but the industry needs to find the workers to keep on trucking. u October 2015 | BizNOWmagazine.com | 13 BIZ Health by Sarah Sproul HEALTH COACHES: What they do...why you may need one Workers in the U.S. who are overweight, obese or have other chronic health conditions miss an estimated 450 million days of work, which costs companies an estimated $153 billion in lost productivity annually! Across the country, health coaches are popping up in Corporate America. But what are they? How can they help you? A health coach is a wellness authority and a mentor who motivates you to cultivate positive health choices and incorporate lifestyle changes. They are educated in the fields of nutrition, wellness, and mentoring. © Julie Prairie Photography The job outlook for health coaches is growing like crazy, as more and more people want guidance with their nutrition, exercise routine, and supplement choices. 14 | BizNOWmagazine.com | October 2015 Health was always important and interesting to Alisha Meyer, Sioux Falls, and after placing second in her class at the Fitness Universe in Minneapolis, she knew her passion needed to turn into a career, so she received her health coach certification from A.C.E online. She is a health and lifestyle transformation coach at Inside Out Health & Fitness and works with Yoli, a wellness program. “A great team is everything in success,” Alisha proclaims. Last month, Alisha's role and expertise expanded as she was hired on as a trainer for KoKo FitClub in Sioux Falls. Alisha believes in the power of health coaches. One amazing success story is her grandmother. She could not stand, unless it was to get up to go to the bathroom. She was on blood pressure medication, and pre diabetic. With the help of a coach, her blood pressure is normal for the first time in many years, she’s off the medication, she walks without her cane, she’s down 35lbs. “She is now walking all over the place. It makes me cry every time telling it,” Alisha confesses. “The biggest misconception people have about a health coach is that coaches only help with nutrition, and not exercise. But they can do both!” Alisha says. “I think people relate exercise to personal trainers only.” Here’s the skinny from Alisha on what foods will best get you through your workday: Alisha suggests eating grass fed beef, organic chicken products and steak, organic vegetables, and fruit, raw milk, organic dairy, and lots of raw nuts. Smoothies are a great start to the morning, she says. “I love to fill mine with kale or spinach to get a huge amount of greens in right away.” ! Eggs are also a great power breakfast. “Eggs have such a high quality of benefits, from healthy fats in the yolks, to the protein in the whites,” Alisha claims. “I also love to eat natural peanut butter on a piece of toast from freshly made bread, and a protein shake with raw milk. Healthy hardy fats are great for the morning to get your brain going strong, and lots of protein, with just enough carbohydrates to get your energy up for the day.” u How will new laws impact wellness programs for corporations? “The laws do certainly provide opportunities for companies to implement wellness programs. The overall healthcare cost and the health of Americans and histories of chronic diseases place a huge need for wellness programs in the community. Higher standards could be implemented for employees with incentives such as premium differentials which would benefit the company and the employees alike. Wellness programs in corporations allow opportunities to put more focus on why it’s important to take care of your own health and your company’s health.” – Trisha Dohn, Director of Health and Wellness at DakotaCare Photo courtesy of DakotaCare Sessions with a health coach can be both face-to-face and online. “Technology is so advanced,” Alisha says, “I can make just about anything work!” The cost of sessions depends on what the person has for goals and any existing health issues. The price can range from $70 to $400+. During the sessions, confidentiality is extremely important. So, you are free to discuss all your health goals and anything else you feel comfortable sharing (like sleep, stress, job/life, satisfaction or dissatisfaction, even your finances). 1 in 3 American adults is now considered obese. Obesity costs our healthcare system $147 billion a year and rising. According to the American Cancer Society, 572,000 Americans die of cancer each year. About one-third of these cancer deaths are linked to excess body weight, poor nutrition and physical inactivity. Medical expenses for obese employees are 42 percent higher than for workers with a healthy weight. The good news is that there is hope for bringing the obesity epidemic under control by tackling the problem in the workplace, where 139 million Americans spend about a third of their time on any given day. With their workers spending an average of 40 hours a week on the job, employers have a unique opportunity to create a healthier workforce by fostering a health-conscious work environment and providing opportunities for their employees to eat better, be more physically active and take better care of themselves overall. And employers have several incentives to do so. © Julie Prairie Photography Sources: CDC, Trust for American's Health, Campaign to End Obesity Organization October 2015 | BizNOWmagazine.com | 15 BIZ Finance the Real Power Players! en tW ACCREDITED INVESTORS: d la n d by Alan Dooley W al As an accredited investor, you have a lot more opportunity to be a power player in business. Capitalism embraces and rewards risk. Those with dreams and the capital to turn those dreams into reality are the drivers of the economy. Production and consumer demand create job growth which turns into more consumer demand for new or better products and services, and thus, the cycle of growth becomes self-perpetuating. Consequently we all benefit from the doers and motivators who want a better and more exciting existence. Big ideas usually require massive amounts of cash to implement, so these entrepreneurs turn to venture capital firms or accredited investors. An accredited investor is essentially anyone with a net worth of $1 million or makes $200,000 annually and can afford to risk their capital for the prospect of greater returns. Speculation has a euphoric energy that entices investors with the prospect of being on the ground floor of a major breakthrough or phenomenal boom cycle that will be rewarded with fantastic monetary returns. But alas, not all ideas become fruitful, so the ‘Accredited’ designation grew from the government’s desire to shield the little guy from catastrophic loss if the investment went bad. Firms seeking accredited investors are required by the SEC to disclose the public offering requirement and obtain a form from the investor stating they are qualified. These power players impact the Midwest with improved technology, manufacturing, construction and agricultural advances to name a few. Wind turbines and ethanol plants have made inroads in the energy sector and are in the growth phase, with the inefficient players gone. Agriculture has seen 16 | BizNOWmagazine.com | October 2015 phenomenal yields due to better hybrids and GPS planting and harvesting technology along with better equipment. Accredited investors do not just throw their money around, they are diligent about researching potential investments and protect themselves against loss with entities such as LLC’s, S Corps and C Corps. Even small investors need to take the same precautions, perform their due diligence and try to maximize returns while minimizing risk of loss. As one becomes more successful, the number of opportunities expands. Creating a diverse portfolio across multiple sectors will further reduce overall risk. The key is to understand the market and what makes it move – either way. Accredited investors also act fast. Take for example the new ethanol plant being built in Onida, SD by the experienced management team at Ringneck Energy. President Walt Wendland commented, “This plant will be a real value add to investors and stakeholders alike, providing a corn and sorghum drop point for the region which has grown from 30 million bushels of corn to 94 million in about 10 years. We are ahead of our target to raise $74.5 million by mid-December and actually might reach our goal by end of October!” If you are not yet an accredited investor, attend educational seminars and learn how to research opportunities with the goal of steady, low risk advancements. Once you have created a solid base, you too can become a power player and go for the gold – owning a piece of a business with more power than just a stockholder. u BIZ Experts Business Q Expert ADVICE ...ON TOPICS How Do I Become Fearless in Business? Risk is a part of an entrepreneur’s life. But even entrepreneurs can get a little gun shy, especially if a recent risk didn’t pan out. Here are two keys to becoming a fearless leader: Trust Yourself. Doubt can make even the toughest business owner question his or her judgement. But fearless leaders overcome uncertainty by practicing their ABCs – action, belief, and courage. They weigh the facts, they move through the fear, they trust themselves to make the right decision. Remember, the story you tell about your company determines what people will believe, so use your own personal power to make them believe that your product is essential and so are you, and that’s what you’ll be. Don’t Wait for Approval. Fearless leaders don’t look for approval from others; they answer to a power deep within. They don’t discuss it in endless committees; they don’t try to get everyone on board. And they definitely don’t wait for permission. Remember, the Wright brothers never had a pilot’s license. NOW Charlotte Hofer Editor (605) 376-3758 char@biznowmagazine.com 18 | BizNOWmagazine.com | October 2015 Technology Q Could a contractual model for printing help your small business? Printers are traditionally purchased on a transactional basis, with toner cartridges ordered as needed. This process is costly and inefficient for most small and mediumsized businesses (SMB) who are already constrained with both time and resources. According to industry research, cost is consistently the top challenge when it comes to managing print for SMBs – and those costs escalate without controls. By transitioning away from unorganized purchasing of cartridges and eliminating the time that staff spend on print-related tasks, SMBs can improve efficiency. However, when a thorough audit of print usage and the printer fleet is completed, SMBs can experience substantial long-term cost savings. Health Q What do large employers need to know about new employer mandate reporting requirements? Companies with 50 or more full-time equivalent employees must annually report their health insurance coverage options for full-time workers and their dependents to the IRS. Failure to comply carries a penalty of up to $250 per form. Companies must: •F ile Form 1094-C with the IRS by Feb. 28 (electronic filing by March 31) each year. •F ile Form 1094-B with the IRS for selffunded plans. •P rovide the corresponding 1095 form to full-time employees by Jan. 31 of each year. This can be combined with other taxrelated information. To ensure the reporting requirements are met, it may be helpful to work with a certified public accountant or your payroll processor. Leah Black Ryan Donahue, CPA, CISA leahb@abbusiness.com (605) 335-8520 abbusiness.com Chief Financial Officer (605)322-4594 AveraHealthPlans.com BIZ Experts THAT MATTER TO YOU Insurance Q What is my true "Insurance Risk" in business? True insurance risk in my opinion is three folded. Insurance program design, loss control, and claims management. Think of it as a three legged stool. You take one of the legs out or one of the legs breaks your stool is not going to function effectively. Same holds true with Insurance Risk. Ignore one of these three factors and your risk soars, claims occur that are entirely avoidable, and insurance costs go up on your business. Other costs are impacted as well when complacency sets in when managing risk. Productivity costs are affected, costs incurred to train new employees or temp employees to fill positions for injured workers, delayed product delivery to your customer due to auto accidents, deductibles incurred, etc. Pay close attention to this. Ask your agent for advice, consultation, and direction. Programs are readily available for all classes of business in assisting your development and implementation of a strong "risk program" to ultimately lower your cost of risk in your business. Kurt Ratzlaff, CIC Senior Vice President kratzlaff@holmesmurphy.com (605) 333-2420 holmesmurphy.com Political Q To protect South Dakota’s vital Ag industry, how can we help the small, familyowned farms and ranches? The Republican Party stands behind the Farm Bill which contains tools to help give farmers and ranchers – and therefore our nation’s food supply – a critical safety net. The party has also turned its focus toward tax reform, trade and reigning in the EPA. On tax reform, I helped the House pass legislation extending tax credits and deductions that are critical to South Dakota producers, including a permanent extension of the Section 179 tax credit. On trade, we need to expand South Dakota’s access to key markets. With 95% of consumers living outside the U.S., it’s critical that we can are able to sell our products on a level playing field across the globe. Finally, we must stop the EPA’s mandates from tying the hands of South Dakota farmers and ranchers. We don’t need DC bureaucrats telling us how to farm. Political Q To protect South Dakota’s vital Ag industry, how can we help the small, familyowned farms and ranches? Production agriculture provides for a wide variety of agri-food industries in SD. About 115,650 SD jobs (that’s 1 in every 5) come from Ag. According to Census data, there are 31,989 farms in SD with an average of 1,352 acres. While we always hear that BIG AG is increasing and pushing the small farmers out of business, statistically the average farm is 49 acres less than in 2007. The majority of farms in SD are family farms, and the majority of farms classified as corporations are still family held operations. The Democratic Party believes that holding on to a sustainable future for all farms means finding the niche which best fits the operation, whether that is organic, “Dakota grown,” Tribal agriculture, or our state-of-the art cheese manufacturing. All of these make up SD agriculture. Kristi Noem Ann Tornberg US Representative for South Dakota (605) 275-2868 noem.house.gov Chair of the SD Democratic Party (605) 271-5405 sddp.org October 2015 | BizNOWmagazine.com | 19 Ladies Night! We are Sioux Falls PREMIER FULL Service Car Wash! Thursdays 5–10pm on house wine FREE Drink for Ladies with purchase of another drink JAPANESE RESTAURANT 109 E. 10th Street Sioux Falls 605-338-2118 “Combined, we are your total health solution” 4825 S. Louise Ave Sioux Falls 605-274-1688 Call and ask about our detail options! Retail Compounding 605.331.3190 605.334.1672 Toll Free 866.738.0035 Fax 605.331.3243 $3.00 OFF Any Wash Expires 1-15-16. Not valid with any other offer. 2333 W. 57TH ST. • SIOUX FALLS, SD 57108 info@rxpsi.com www.rxpsi.com Sterile & Sterile & Non-Sterile CustomizedCompounding Compounding 605-333-0900 3900 E. 10th Street • Sioux Falls mind your business. Avera Health Plans thinks making the most of your business’ health insurance should be easy and affordable. Trust us to handle the details of your policy from quote, to enrollment and everything after, so you can have the best of both worlds — a quality health plan for your employees without having to put in the extra hours. 15-AVHP-5072 You heard right, we’ll handle your health insurance so you can handle everything else. Now is the time to compare and save on a plan. Call your agent or Avera Health Plans at 605-413-4427 to get a quote. AveraHealthPlans.com 20 | BizNOWmagazine.com | October 2015 ! by Alan Dooley Beef Industry Statistics • C attle inventory: 89.9 million as of Jan. 2015, up 1% from Jan. 2014. BIZ Ag BEEFING IT UP: the Quest to make Meat Healthier • Economic impact: $44 billion • N umber of farms and ranches specializing in beef cattle: 900,000 - 29.7 million beef cows - 9.3 million milk cows - The average cow herd size: 40 head - 97% are family owned • B eef exports are up, jumping from $3.8 billion in 2010 to $5.7 billion in 2013 - T op export markets: Japan, Canada, Mexico and South Korea • Top 5 states for cattle: 1. Texas - 11.8 million 2. Nebraska - 6.3 million 3. Kansas - 6 million 4. California - 5.2 million 5. Oklahoma - 4.6 million Average rancher age: 58 (USDA 2012 Ag Census) South Dakota Stats • $ 3.7 billion, which represents more than 6% of the state’s entire economic output. • 15,000 beef producers • 3 .6 million head of cattle8th in the nation • 1 .6 million beef cows5th in the nation But will sustainable Big Macs really be any better? McDonald’s has stated that they plan to begin purchasing “verified sustainable beef” in 2016 and will soon announce their sustainable beef procurement goal for 2020. When one of the largest purchasers of beef in the nation says they intend to change the way they do business, it’s possible that business as usual will change. Could this mean a better burger for you? What “sustainability” means -- at least to McDonald’s -- is yet to be announced, but part of the process of defining sustainability will rely on input from ranchers and processors. McDonald’s vision of sustainability includes the three “E’s”: ethics, environment, and economics. Critical to the consumer are components such as: nutrition, animal health, antibiotics, pharmaceuticals and business management. The Kopriva family of Raymond, SD, are well positioned to deliver sustainable beef, having just been honored with one of seven regional Environmental Stewardship Award Program (ESAP) awards announced during the July 2015 Cattle Industry Summer Conference. ESAP is sponsored by Dow AgroSciences, Tyson Foods, Inc., USDA Natural Resources Conservation Service (NRCS), U.S. Fish and Wildlife Service, National Cattlemen’s Beef Association (NCBA) and the National Cattlemen’s Foundation, and is presented to farmers and ranchers who demonstrate a commitment to protecting the farm and ranch land in their care. The Koprivas are focused on a sustainable approach to their family cattle operation. By dedicating their ranch to sustaining native grasslands, pasture, and hay, they are also NOW it tive spir the crea leader inspiring business in every Sources: beefusa.org, sdbeef.org, igrow.org ey Al an Do ol me nt es s De ve lop sin Dir ec to r, Bu committed to creating a sustainable future for the next generation. Rotational grazing has been key to maximizing the production of their Angus. The Koprivas worked with NRCS to install more than 20,000 feet of cross fencing, which has allowed them to better manage their forage resources and implement a rotational grazing program. Combined with proper water development, their grazing scheme allows acres of the operation to rest and rejuvenate. With their dams and dugouts and seed for cover crops, they create an inviting habitat for wildlife, water for birds, amphibians, deer, and other mammals and yes, insects too. Sustainable beef roundtables have been created around the world, including in Europe, New Zealand, Brazil and Canada, where McDonalds intends to pilot its program. Each is developing a locally-relevant sustainability standard based on the principles outlined by the Global Roundtable on Sustainable Beef where many stakeholders have the opportunity to participate. What it could mean to you as the consumer: a better burger. u Alan Dooley is CEO of Grathia Corp, a private lending and real estate investment firm. He has a BS in Computer Science from Rutgers University and serves on the board of the Lake County Historical Society. He is Business Development Director with BizNOW. October 2015 | BizNOWmagazine.com | 21 BIZ Tech interview by Charlotte Hofer How Technology is CHANGING YOUR WORKOUT The fitness industry is changing. From wearable gadgets to exercise apps, 24-hour access to gyms, videos and virtual personal training, workouts are now hi-tech. Nowhere is that more in evidence than with Koko FitClub – the franchise that takes working out to a whole new level. With their innovative fitness technology, called “SmartTrainer,” a personalized digital trainer will customize your workout. It learns your body and tailors and adapts a program for you as you progress. Based in Boston and with over 130 Koko FitClubs now up and running, this rapidly-growing business is coming to Sioux Falls in January. Ranked in the Franchise 500 of Entrepreneur’s Fastest Growing & Top New Franchises, Koko FitClub believes that coaching is the key to fitness success, offering both digital coaching on state of the art equipment and one on one training with a certified personal coach. In fact, “koko” is a Japanese word that means “one to one.” Biz talked with Koko FitClub co-owners Jessica Schaap and Amber Bartmann, Sioux Falls, to learn more about this technology. In a study by CareerBuilder, it was found that 41% of people have gained weight at their jobs. Why aren’t people exercising more? Jessica: I think people quit gyms because they’re overwhelmed; they don’t know what to do, or they don’t see results, or they get bored doing the same workout routine. Amber: Some people think it takes too much time. In fact, of those who set New Year's resolutions to get fit, nearly 73% give up before meeting their goals, according a study by Harris Interactive. How is Koko Fit Club using technology in fitness? A: We start with a goal. We analyze a person’s body lean muscle mass, body fat, strength levels, and calculate it on a machine. The computer then designs a customized plan for you. The program adapts as your body improves, we quantify your results and keep you motivated. As your strength level changes YOU change, and the technology can tell when you get stronger and it calibrates what’s right for you. J: The cardio and strength machines guide you through every workout and your progress is constantly tracked, even available on the Cloud for your devices. Koko FitClub is a unique facility as it provides a fitness "home" for folks who would generally not go to a traditional gym, or seek out a personal trainer. 22 | BizNOWmagazine.com | October 2015 Getting started can be daunting, even scary, how do you help the beginner? J: If someone’s very overweight, or if someone hasn’t worked out for a long time, the customized program is so important. And when people get on a treadmill – sometimes they don’t understand the machines or the programs seem complicated, and they don’t know what to do. The digital trainer will walk you through how to use the machines. How does someone know they are improving? J: Every machine has a computer screen. It tells you what pace to go at, what incline – that’s customized to you, your body and your program. You have earphones and it’s telling you what’s going on, it will tell you when to increase your speed, when to slow down; if you’re not lifting a weight correctly. A: What’s unique too, is that we celebrate the client’s achievement –you start with a white lanyard and work your way to black, similar to a karate belt. We create a community of support as well as providing coaching, so clients come to the gym and see people they love, not just to get a workout. know each other that well, we lived in different towns – Brandon and Hartford. A: I was working part time, but I was looking. When she wanted to do this, I felt instantly NO! Because I was afraid of starting a gym, there’s so much competition. My husband Eric said, look at the website and check it out. Once I did, I said, OMG, this could be huge! I was worried about the competition, but there’s nothing like it in Sioux Falls, so I was ready to do it. What are the benefits of having a franchise? A: There’s a proven success model, we have the advantage of learning from their mistakes, so in some ways it’s easier than being a new entrepreneur starting a brand new business. We get to start off running. > How is KK different than other 24/7 gyms? A: People don’t think they have enough time to exercise, they don’t have the tools. With Koko, you never do the same workout twice, you’re in and out in just 45 minutes so you could fit it in on a lunch hour, and you see results. How did you two get into business together? J: I had heard about Koko Fit a couple years ago, and knew I needed a partner. Our husbands work together, so my husband Jim suggested his partner’s wife, Amber. We didn’t © Julie Prairie Photography J: Koko is more than just the workout. There’s a nutrition plan and guidance too, so we combine nutrition with fitness goals. October 2015 | BizNOWmagazine.com | 23 BIZ Tech How difficult was it to get the franchise? J: Koko is very particular about who they sell the franchise Photo courtesy of Koko Fit Club to – you can’t just call them up and say, Hey I have some money, I want to start a franchise. The company has a tough 90 day screening and interview process that includes answering essay questions, phone interviews, and in-person interviews. A: And right up to the very end we didn’t know if we were going to get the franchise or not; many people don’t qualify. Finally, the call came: we got it! J: I was so happy I cried. What are some of the challenges of having a business partner? A: Schedules are hard, I have three kids and Jess has four, but we make it happen. “I want Koko FitClub to be a beacon of hope for someone, to educate and give people a plan so they always have a goal in mind.” – Jessica Schaap ko Fit Club Photo courtesy of Ko 24 | BizNOWmagazine.com | October 2015 What do you do if you disagree? J: We haven’t yet. (laughs) I think we trust each other enough, so if one of us feels really strongly about something, we trust What are some of the rewards of having a partner? A: We can get twice as much done! The analytical brain and the creative brain come together for us. J: I always say that you’ll never actually find balance, instead, try to find harmony. One of the ways I do this is to involve my children. For example, I do videos with them about the club coming to SF. My daughter did a gymnastics video with her Koko t-shirt on. My son did one that says, “Hi, this is my mom, she’s opening up a club….” It was so cute. What better way to teach our children health & wellness than to provide it to our community, and to teach them about being an entrepreneur at the same time? the other’s intuition. And because our husbands have worked together as partners successfully, we’ve learned from them to trust and value each other’s opinion. J: We’ve become fast friends and what’s great is, we get to celebrate achievements with each other. The fact that we get to share this together makes it even better. Sharing the joy just magnifies it. A: Also, we know two different groups of people – so we have double the networks. Tips for other entreps? A: Don’t do it alone. Network, find support, you don’t have to fly solo. J: People don’t buy what you sell, they buy who you are. Be that person of integrity and passion. The product is secondary. Biggest surprise in opening a new business? J: How much money and time and work it actually is to start a business! But in the end, its worth it. u Ja O nu pe ar ni y, ng 20 16 We Want You to Love Your Gym! We know that every day, you imagine the possibility of being a fit and healthy person. And that’s why decided to open Koko FitClub. We wanted a gym where people who have struggled in fitness can finally succeed – and love it. We know coaching leads to better results. That’s why we coach you through every workout. Our job is to guide you, motivate you and support your fitness journey. Koko exists TO CHANGE LIVES. Our proven methodology -- based upon a personalized, 30-45 minute metabolic strength conditioning and cardio program, 2-3 times a week -- has worked for thousands who have failed at traditional gyms. There is a better way, and that way is Koko. Try us risk-free for 30-days, just $30. Let us prove to you that you can change the person in the mirror, and we can help. A Digital Gym Yours in good health, Amber and Jessica Memberships as low as $49/ mo. A Dig Call or Click to Learn More! 3320 S. Sycamore Avenue Sioux Falls, SD 774.260.5656 • siouxfalls.kokofitclub.com *Some restrictions may apply. See club for details. AD BIZ Opportunity by Rachel Woodman HOW TO POWER UP YOUR CAREER BEYOND THE CUBICLE Four walls, free coffee, and a fluorescent light that doesn’t stop flickering. Does that sound like your office? Maybe you began your position filled with excitement just to watch your enthusiasm dwindle over time. Or you’re just seeking more outside of your 8 to 5. In either case, if you need to get that excitement back, then consider these 3 tips to power up your career beyond your cubicle. Once you’ve found your cause and spent some time with it, I challenge you to get involved in a larger way. Commit to being a part of a committee or board. Hold a position outside of your comfort zone and watch your career take on new strength. Expand your network; expand your mind Some people read for pleasure but most of us have other hobbies in mind. Reading was difficult for me because I can’t read while simultaneously texting, emailing, or watching my favorite show. Multi-tasking is a big part of our lives and culture. However, reading is an easy way to expand your potential and shouldn’t be missed. It’s easy to find yourself eating lunch with the same people every day and spending your evenings with the same people. We spend the most time with the colleagues, friends, and family we like the most! But to expand your mind and power up your career you need to spend more time with different people. First, focus on finding people who are accomplishing what you want to accomplish. Then, seek out successful people in completely different industries or backgrounds. It’s helpful to gain insight from people different than you when you’re looking to supercharge your career. To begin, seek out local organizations or clubs that interest you. Perhaps a chamber or association may have a program or group that fits your needs. You can also try popular sites like Meetup.com. I got involved with a local toastmasters club to meet diverse people and expand my ability to communicate. Broadening your network will result in new friends, experiences, and becomes a step closer to amping up your career. Find a cause; build your passion It’s easy to find your days monotonous if you don’t have something to look forward to each week. With a busy schedule, finding something new to put time into may be the farthest thing from your mind. However, putting time into something you care about deeply will power up your life in a new way. Find your cause. Is it puppies? Is it babies? Whatever you care strongly for, find a way to support it. It can be as simple as a few hours a month. After some thought, I realized that I care about empowering women to realize their potential. Volunteering with Dress for Success Sioux Falls was the perfect fit for someone who wanted to build belief while helping another person take steps towards their future in the form of interview and style coaching. 26 | BizNOWmagazine.com | October 2015 Be a reader; be a leader Spending time alone to focus on a valuable book will allow you to digest this new and important information. Start with committing just 15 minutes a day. Bring your book to coffee or lunch and allow yourself to read beyond your 15 minutes if the mood strikes. Consider audio books during your commute as an alternative option. If you’re strapped for ideas on what book would be the best to get you started, I would recommend The Magic of Thinking Big. This book provides timeless information about the power that positive thinking has on our ability to accomplish great things. Reading may not be your cup of tea, but if you can spend a few minutes with a book during your morning coffee you’ll be on your way to fueling your mind. Powering up your career beyond your cubicle takes effort. Being engaged with new people, non-profits, or educational resources takes time. But if four walls, free coffee, and a fluorescent lit space doesn’t hack it, then concentrate in these key areas to get your excitement back. u Rachel Woodman is a Market Development Manager for CenturyLink. She manages public relations, marketing, and community outreach efforts for North Dakota, South Dakota, and Nebraska. “Not all readers are leaders, but all leaders are readers.” – Harry S. Truman October 2015 | BizNOWmagazine.com | 27 OUT YOU Do inside Need MORE Health & Fitness TIME unleash the health within Real health comes first from healing within. I am here to coach you to be the person you deserve to be. Alis ha Meyer Certified AC E Health & Wellness Coa ch inside-outhealthandfitness.com • ph: 320-905-3487 alisha.schuerman@gmail.com ? Hire a Virtual Assistant to help you. And get back to doing what you do best – running your business! Free consultation. Jo Hausman • 605) 941-7969 • Brandon, SD jo@simmonsvirtualassistant.com Homemade Donuts Made Fresh Daily. It's the hometown bakery you grew up with! Take a Dozen Donuts to YOUR Next Meeting FAMILY D OWNE t o n ise franch Whether it’s the weekly staff meeting or a client meeting, fresh donuts are always a hit! 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Fischer, & Associates, Inc. is an independent insurance agency with a broad range of personal, commercial, health and life insurance products. call us in siOuX Falls 1101 W Russell Street • Sioux Falls, SD 57101 Phone: • Toll Free: 877-789-3773 • Fax: 605-274-9034 Fischer,605-336-4444 Rounds & Associates, Inc. is an independent insurance agency with aOffices broadalso range of personal, commercial, health and life insurance products. • Pierre • Rapid City • Watertown in Mitchell www.FischerRounds.com call us in siOuX Falls 1101 W Russell Street • Sioux Falls, SD 57101 Phone: 605-336-4444 • Toll Free: 877-789-3773 • Fax: 605-274-9034 28 | BizNOWmagazine.com | October 2015 Offices also in Mitchell • Pierre • Rapid City • Watertown www.FischerRounds.com BIZ Sports by Sarah Sproul ke H ein e m a n SIOUX FALLS SKYFORCE Mi Photos courtesy of Skyforce A FORCE TO BE RECKONED WITH: Interview with Skyforce Owner/ President Mike Heineman We all need breaks from our hectic work weeks, and what better way to relax than to take in some local basketball? The Sioux Falls Skyforce basketball team is in its 27th season and has outstanding stats that lead to team members being drafted into the MBA. Biz got the inside scoop from Skyforce owner and president Mike Heineman on what gives this team their edge. What’s ahead for the team, and how do you anticipate the team will do this year? It’s tough to say at this point. We usually see a lot of turnover to players who go overseas or who get drafted into the MBA. At this point, though, we don’t quite know what will happen this season. It will start to take shape in November after drafting. How do you and the coaches keep the team going? Usually, each team member’s goal is to get to the MBA. We have a current team of 10 members. In 2013, two players went on to the MBA, and in 2014, four players made it. So, we remind them how close they are to making it. All it takes is one good game and one scout watching them to go from not making very much one day to making more than enough the next. That motivates the team more than anything – the dream that is so close they can almost taste it. What can high school or college aspiring athletes do to power up their game to become part of Skyforce? The biggest part is working harder than anyone else. So few get to the MBA or even get to our level, so my advice is to be willing to dedicate your life to basketball and put the time in. How important are the fans to the Skyforce’s success? The first home game of the season is Saturday, Nov. 22 at the Sanford Pentagon in Sioux Falls Iowa vs Sioux Falls We average about 2,300 fans per game. We wouldn’t still be here if it wasn’t for the Sioux Falls community spirit. Not many teams have involvement like we do, and that support positively impacts the team’s performance. We are very fortunate that the people of Sioux Falls want to be a part of this – it’s great! u Sarah Sproul is a Dakota State University graduate with a Bachelor of Science in English for New Media. Whether she’s reading a good book, scribbling in one of her many notebooks, or paging through articles online, she can’t seem to get enough of literature. She is now an Assistant Copywriter for BizNOW. Sarah is from Harrisburg, SD. October 2015 | BizNOWmagazine.com | 29 Smart BIZ by Biz Staff FALLING INTO PLACE: the Power of Finding Yourself While there is some truth to the secret of success being found in boardroom strategy and corporate philosophy, most success actually comes in allowing passion, purpose, and true emotions to guide your approach. But, how do you find your passions and purpose? Here are helpful questions to ask yourself when trying to find your place: 1. W hat makes you excited and energized? This doesn’t mean taking your dream vacation or cheering on your favorite football team. It’s about connecting with what you’re passionate about. Your impact and influence grow when you focus on something that starts a fire in your heart in a way nothing else can. You don’t have to commit to inventing the next iPad, solving world energy problems, or curing cancer (though, who knows, you might!). Just find something that is congruent with who you are what you care about. 2. W hat strengths do you have naturally? Of course, you can be passionate about things you have no natural talent for, and talented at things for which you hold little passion. However, we rarely aspire toward ambitions we have no natural talent for. So, write down your strengths and gear yourself towards something that plays to them. There are plenty of websites that can help you find your strengths. Check out a free survey on viame.org. 30 | BizNOWmagazine.com | October 2015 3. Where do you add the greatest value? Knowing where you can add the most value—by means of your education, skills, knowledge, and experience—can help you focus on what you will most likely succeed at and, therefore, find the greatest sense of accomplishment and contribution. 4. How do you measure success? This means standing for something and living your life in alignment with it. No matter what you do to make a living, you can find meaning and greater purpose in it through how you do your job. Your attitude dictates a lot of your success or lack of success, so make sure that you are optimistic and work to maintain a positive outlook. Once you know where you fall into place, you might take on challenges to get to and maintain that place that stretch you as much as they inspire you. Just remember that when you’re powered by passion and purpose, there is little you cannot do. You have found your place. Embrace it. u by Charlotte Hofer 8 Hidden Forces BIZ Feature CHANGING OUR WORLD The ability to predict the future is difficult at best, but making business pronouncements about the future using events and intuition from our past could be foolish and perhaps dangerous. Henry Ford thought everyone would want a black car and IBM’s president Thomas J. Watson declared in 1943 that there might be “a world market for perhaps five computers.” There exists a strong undercurrent of powerful forces that are constantly disrupting the global economy and throwing our business assumptions into question. They happen simultaneously and feed on one another causing unpredictable changes that make business leaders rethink their strategies. The irony of Watson’s pronouncement is that IBM would become a major catalyst of the first disruption: the acceleration of technological change. While technology has always been at the forefront of productivity, its impact is transforming our world at a phenomenal rate. Smaller and smarter devices are everywhere with digital and mobile technologies impacting every market sector. After the invention of the phone, it took over 50 years for most Americans to have one, and 20 years for cellphones to spread across two-thirds of the world’s population. Facebook went from six million users in 2006 to 1.4 billion today. The second disruption is a result of the first: increased interconnectedness. Mobile Internet offers economic progress for billions of people in emerging economies at an unmeasurable rate. It gives new entrepreneurs a chance at competing with established firms by breaking down the barriers to market entry. The web allows goods, capital and information to flow across borders. Gone are the days of Constantinople and key international trading hubs. Capital flow has now doubled among emerging economies in just ten years, and more than one billion people travelled in 2009, up five times the figure in 1980. Third is the shift of economic activity to emerging-market cities. As recently as 2000, 95% of the Fortune Global 500 was headquartered in developed economies. By 2025, nearly half of the Fortune Global 500 are expected to be based in emerging economies, with China home to a majority of them. Nearly half of global GDP growth from 2010 to 2025 is expected to emanate from emerging-market cities like Tianjin, China with a GDP that is almost equivalent with Stockholm today, and could equal all of Sweden by 2025! The fourth is integrated cultures. The ease of travel, commerce and communication has allowed for the globalization of economies at unprecedented speeds. Volatility from a plethora of new and unexpected competitors, and the disappearance of local jobs has already overwhelmed workers, companies and governments. New opportunities will emerge and the firms that can adapt will thrive. Inequality may be on the rise within some countries, but it has dropped dramatically. Nearly a billion people were lifted out of extreme poverty from 1990 to 2010; another three billion will join the global middle class in the next two decades. The fifth disruption is demographic. For the first time in centuries, world population could plateau. Thirty years ago, only a few countries had fertility rates substantially below the replacement rate of 2.1. Now about 60% of the world’s population lives in countries with sub-replacement fertility rates. The dependency ratio is exacerbated by population aging, a result of better health care, which has been evident in developed countries for some time, is spreading to China and will soon reach Latin America. The sixth disruptive force is Politics. Aside from being highly irrational and unpredictable, it is related to demographics, especially as the elderly outnumber the working-age people. Pressure is put on the diminishing labor force to provide tax revenues to pay government debt, fund public services, pensions, and care for the elderly. In 1930, economist John Maynard Keynes recognized the forces that impact the economy and prognosticated that the standard of living in “progressive economies” would increase 4-8 times over the next 100 years. His prediction, which was berated at the time, has turned out to be correct at the high end. Optimism and persistence are the last two key forces that drive and lift the world to new and unimaginable heights. u References: Stansberry Research, TrueWealth.com October 2015 | BizNOWmagazine.com | 31 Smoky Hot Chops with Cool CucumberTomato Salad October is National Pork Month! PorkBeInspired.com ©2015 National Pork Board, Des Moines, IA USA. This message funded by America’s Pork Producers and the Pork Checkoff. • Gifts • Home Accents • Jewelry • K Koffee • Pictur Framinge & More Featuring one-of-a kind arts and crafts from South Dakota artists. 723 N. Splitrock Ave. • 605-582-8644 • Like Us on 32 | BizNOWmagazine.com | October 2015 BIZ Spiritual Column sponsored by Celebrate Community Church ! Biz Spiritual Series: Has a principle of faith helped YOU in business? Tell us about it. Submission guidelines: 500 words or less on how a principle of faith has helped guide you in your professional life, such as: compassion, honesty, humility, gratitude, forgiveness, generosity, kindness, courage, integrity, patience) to: info@ biznowmagazine.com. If your article is selected for publication, you will be notified. by Rachel Woodman THE POWER OF SMALL DECISIONS (and why they matter!) We put on our Ethical Thinking Caps every time we need to make a tough decision. But what of the daily small decisions that fall into the vast space between right and wrong. Ethics play an important role in our personal and professional lives each day. In fact, most businesses display a unique Code of Ethics to govern decisions. For my employer, CenturyLink, the Code of Ethics is based on the Golden Rule: Do unto others as you would have them do unto you. Outside of an expressed list of what’s right and wrong, we make our own small choices each day. Being a People Champion versus a Rumormonger The little things you say about others can lead to big results. Will that result be respect and admiration for your leadership? Or will it be contempt? Office Gossip may seem like a good way to bond with your peers, but consider how this reflects on your character. People will remember, first, what you say about others and not your better qualities. This can stunt your growth in the company. Instead, consider being a “People Champion.” It’s a small way to make a positive impact. Think of the people you interact with daily. What values – or strengths – do they contribute? When asked what you think of Joe, share that he is a hard worker or whatever else you value in him. Decide not to discuss your differences. Adding Value versus Taking office supplies Borrowing a paperclip feels trivial - even though it’s technically theft. Outside of a business’s actionable offenses lie your decisions. Taking office items or company time may feel justified because of additional work you had to do last week but it amounts to theft and is a poor reflection of your character. Justification comes with the perception that the company or business owes you. Instead, consider how you can add value to your company. You chose your role for a reason, what was it? Think of your 5 or 10 year goals and consider what additional value you can bring. You’ll notice your goals get a lot closer when you’re actively giving instead of expecting. Your Word as a Promise versus a Suggestion Being a little late or missing a deadline happens. It is not generally considered unethical. However, repetitive behavior will become a reflection of your ability to respect others. Continually coming to meetings or appointments late tells others that you don’t respect their time. As someone who says, “yes” too much, I find it’s important to set appropriate expectations. This way, I can manage and keep the promises I make. When you’re unable to make a deadline, give advanced notice. When you’re habitually late, adjust your priorities. Small decisions don’t just impact our reputations, it can also impact revenue. Creating, or enabling, a poor work environment can lead to quality team members exiting the business and revenue exiting with them. u October 2015 | BizNOWmagazine.com | 33 BizNOW Calendar Send items to: info@biznowmagazine.com what's now October 1 Innovation Expo 8:30 AM - 4:00 PM Orpheum Theatre 315 N. Phillips Ave, Sioux Falls Entreprenuer Conference sdinnovationexpo.com 1 October 1 8th Annual Brandon Milestone Luncheon 11:30 AM - 1:00 PM Brandon Steakhouse 1308 E Rushmore Dr., Brandon Recognition of companies in business for 5 to 140 years $12 per person October 1 SME Youth Benefit Auction 5:00 PM - 8:00 PM Sioux Falls Convention Center 1201 Northwest Ave., Sioux Falls Proceeds fund scholarships for SD college students and SD Youth Business Adventure $50 10 October 3 Harvest Festival 12:00 PM - 6:00 PM Wilde Prairie Winery 48052 259th St., Brandon Mini grape stomp, pumpkin painting October 6 Lake County Historical Society Meeting 5:15 PM Smith Zimmermann Museum 221 NE 8th St., Madison October 10 Harvest Festival 11:00 AM - 5:00 PM Strawbale Winery 47215 257th St., Renner Art, wine, food, music, pumpkin painting. Free. 34 | BizNOWmagazine.com | October 2015 October 13 Sioux Falls Chamber Mixer 4:30 PM - 6:30 PM Argus Leader Media 200 S. Minnesota Ave., Sioux Falls $5. Hors d'oeuvres, beverages October 15 Brandon Chamber Mixer 5:00 PM - 6:30 PM Jones Family Eyecare 310 S Splitrock Blvd., Brandon 23 October 20 Annual Sioux Falls Chamber Meeting 5:00 PM - 9:30 PM Sioux Falls Convention Center/Denny Sanford PREMIER Center 1201 N. West Ave., Sioux Falls RSVP: events.siouxfalls.com October 23, 24 Sioux Falls Jaycees Haunted House Fine Arts Building at W.H. Lyon Fairgrounds 100 N Lyon Blvd., Sioux Falls $8, or $ 6 with a canned good RSVP: siouxfallshauntedhouse.com October 27 SME Membership Meeting 11:30 AM - 1:00 PM The Country Club of Sioux Falls 3400 W 22nd St., Sioux Falls Speaker: Kirsty Spraggon, Executive Producer & Host of KirstyTV SME members free, guests $40 RSVP: Members via CVent email, guests at 605-336-5626 27 October 27 Brandon Chamber Networking @ Noon 12:00 PM - 1:00 PM Tailgators Grill & Bar 1013 N Splitrock Blvd., Brandon October 30, 31 Haunted Heartland Country Corn Maze 6:00 PM - 9:30 PM 27455 SD Hwy 11, Harrisburg This 11-acre maze carved out of towering corn stalks is sure to spook! Adults $7.00, children (5-10) $5.00, kids 4 and under: FREE. Bring a flashlight. BE ON TARGET! Advertise in BizNOW! “I read other national magazines online, but BizNOW is the only publication I read cover-to-cover in the print format. I love learning about other successful business people in our region and the successes they have achieved.” – Brian Rand, serial entrepreneur Contact us today! Info@biznowmagazine.com or call 605.366.1489 If you’re an IT guy by necessity, and not by choice... Call us, we can help. We get that sometimes you want to leave the office, but are stuck managing day-to-day operations. That’s where we come in. With our managed services, we’ll take care of your technology, from Internet and voices services to cloud solutions. You can choose one service or choose them all. Whatever you decide, we’ll custom-tailor a solution that’s right for you, so you’ll have more time to do what you love. Contact your South Dakota business experts at 605.977.2826 or amanda.weber@centurylink.com or www.centurylink.com/siouxfalls Services not available everywhere. © 2015 CenturyLink. All Rights Reserved.
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