[1] Fed’s Plosser says policy must be preemptive”

ROCHESTER, New York (Reuters) - The U.S. Federal Reserve must be prepared to raise interest rates if needed before the jobless rate has fallen to an “acceptable level”, or risk losing its inflation-fighting credibility, a senior Fed official said on Tuesday.

“People who are mesmerized by the past will be missing opportunities for the future.”  James E. Glassman, Managing Director and Senior Economist, JP Morgan Chase & Co. 

1. What is the biggest lesson for you over the last year?

2. What is my “divine assignment” at this stage of business?

3. This time next year, what would I like to see different in my business? In other words, what’s my vision?

 4. What have I been procrastinating about?  

 At this time of year, these are questions any business owner should have been asking. If you have not done so already, now is your chance. As the leader of your business (even if you are the sole person) you drive the vision of your business to manifestation. Spend some time over the next couple of weeks and redefine your vision.

Be preemptive. Opportunities await. 

Make Profit Not Excuses.