Category Archives: budget

Almost Instant Video & Audio Transcriptions for FE

Audio Transcriptions: Rapid audio and video transcriptions Audio Transcriptions: Being able to post a transcription of a video, keynote speech or lecture has many benefits.

Cost has always been a factor in obtaining audio transcriptions as has making recordings. But the costs have now virtually disappeared and recording the words has never been easier.

Let’s take the words first.  The simple way to do this .. if you don’t have access to a lot of expensive kit is to use a mobile phone and a low cost Lavaliere microphone. I personally use the PRO70 (£111.28 the day I wrote this post), but there are other options.  Lavaliere mics plug into your Android or iPhone and will record either sound only, or sound and video.

Continue reading

Share

Employers Will Pay Much More

employers pay extra for luxury Frequently I’m Told Employers Will NOT Pay a Premium .. or sometimes anything at all. 

That’s NOT True

Employers will pay much more than most people think when buying courses for themselves or highly valued staff.

The trick is to tap into what they value or need most.

Employers are people and people value the little extras in life .. such as
Luxury (the feeling of)
Time
Clarity
Experience
Process (if it’s unique)
Passing Responsibility (the transfer of it…to you)
Think about the businesses that YOU pay a premium to…

What do they give you that makes you happy to pay extra?

Coffee shops; most charge a high premium on coffee fees. In return you get a distinct ambiance, great coffee, comfortable seating and (usually) good music.

Apple, Their computers and phones are really expensive. You can pay 100% – 400% premium on their computers. But in return, you get a Apple shops which provide a much better experience, a great feeling when opening the box plus good  customer service.

Even the simpler, more innovative design implies clarity.

 

What Employers Will Pay For 

Employers will pay extra if you provide some, or all, of the above.

The first step is to answer the phone correctly. These people are responsible adults that run businesses.  Far too often when I speak to providers on the phone I feel like they are treating me like a school leaver. There is no need to be abrupt or appear superior!

I’m sure staff don’t set out to appear like this .. but sadly some definitely come over like this.

So start by thinking about the people you are dealing with and what they expect.  Provide this as a minimum and then try to exceed their expectations.  You can then base your prices on this level of service and see significant income improvements.

You will also stand out from the crowd when bidding against other providers.

Share

Generating Income, FE Space Utilisation & Pop Up Restaurants

Pop Up Restaurants Make MoneyGenerating More Income in FE isn’t Always Easy

…. but that is usually due to our mindset.

One major asset we have is space .. and it is worth money but not if we think about it in the wrong way.

You see we think about space in terms of how we would normally use it and can’t see beyond this.

But turn your thoughts upside down and look at the space in a different way.

The space doesn’t need using for its original purpose.  It’s just space and can be used for a myriad of purposes.

Link your space to a local or national event and marvelous things happen.

Continue reading

Share

Localism and FE Funding

John Widdowson at the AOC conference John Widdowson discussed Localism and FE funding for FE News at the AOC conference.  Watch the video to hear John’s views.

 

 

Share

Data Wins Contracts and Budgets

Budgets are tight and Finance Directors are demanding evidence
before awarding contracts or budgets.

Internally you might find yourself having to justify existing budgets whilst externally getting that vital contract now means convincing your prospect and their FD.

So how do you convince people that you are right? Without evidence you are just another person with an opinion.  In fact ti is often worse, you are a sales person with an opinion and sales figures to hit. Continue reading

Share

FE Quality Issues: Could FE Emulate Medicine?

Can Medicine Heal Further Education?Let me tell you a story about a drowning girl and how her story improved world medicine …….

AND could improve FE

 

See my article How Medicine Can Heal FEs Quality & Income Issues in FE News

 

 

Share

New from YouTube: Tip Jar

YouTube Have Introduced “Tip Jar” to Video Channels

As a means to crowd fund or raise money for charity this seems a great idea.

the only problem is it is only available in beta in the US, Australia, Mexico and Japan so far.  But there si a staged roll out so watch for it in the UK where it has great potential for training providers and students.

 

Share

FE & Railway Station Adverts: Effective or a Money Wasting Idea?

20130603_151417I’m seeing an increasing number of FE establishments advertising on the railways.

Some sponsor the station itself, some grab all the advertising space at their nearest underground and some just dot ads close to local stations.

In all cases the argument is that of footfall.  A lot of people use stations I’m told.  I’m told they’ll see the ads as they wait or get off of trains. Well on that basis a lot of people use motorways so ads on or near slip roads also makes sense.

Is rail station advertising a good use of the marketing budget? Could we make some budget savings here?

Continue reading

Share