As an entrepreneur, youre hardwired to enjoy a greater level of risk than the average person. But do you enjoy the thrill of business and investing so much that youre willing to risk: -Being hounded by creditors?-Declaring bankruptcy?-Being denied a mortgage?-Paying more than your fair share of interest on your loans?-Losing your house?If you answered no to one or more of these questions, this may be the most important report youve read in a if ...
One fourth of the year is over. How are you doing in meeting your goals? How are you doing compared to your budget? In my last article, I talked about how business systems arent just for big business. Guess what? Neither are goals and budgets.Big businesses put tremendous effort into creating detailed budgets and detailed goals each year and checking their progress against them monthly and quarterly. Investors eagerly await the of earnings ...
I caught up with the new entrepreneurs (Terry and Sherry Braley) this January at a Biker Rally. After talking to some fellow riders they were telling me about Terry and Sherrys new website (Road Rash Apparel) and how low their prices were on their Leather Apparel. So after digging through the crowd I finally met up with them. I introduced myself and we sat down and must have talked for over 2 hours about their new business. Well, they talked. I ...
It is not the amount of hours that you put into a working day as much as the amount of work you put into the hours.Far better to plan your day so that you can maximise your resources,instead of jumping from one task to another and end up doing nothing efficently. You do not need a large sum of money to finance a business proposition.All you need is a good idea and the ability to put together a business plan that will convince investors you ...
I had the honor of speaking this week at a women's business association luncheon on the topic of entrepreneurship. When I mentioned to my wife the day before that I was speaking to group of women entrepreneurs she asked, "Why on earth would they ask you to speak?"In her defense, my dear wife has no idea what I do for a living. She's never read a single one of the several hundred columns I've written. She's never a a ...
To answer this question lets first take a look at the difference between promoting products VS services. Products often have cool features that show results quickly. Talk about the benefits of a feature and how itll make your customers life easier and youll probably get a sale. Services on the other hand, are intangible. There are no buttons to push or before and after pictures to see. Services often get categorized as luxury items we can are ...
For the cost of only $2.23 a day for 30 days you will have discovered a whole new way of earning real money. You will become hated for having the knowledge of becoming rich by jealous family and friends. There are no guarantees in todays economy or the future economy. Many people who are working for other people today will eventually discover (when its too late) when its time for them to retire, they will not have enough money on which to you ...
Do you know what the most frequently used word is that people type in a search box on the internet? Knowing what this word is and using it to it's fullest extent can literally EXPLODE your sales if you run an online business. Let me explain.The all important word is FREE!!!The word that is used in searches on the internet more than any other is FREE. Everyone loves something for nothing. No one wants to pay for something if they can get ...
In todays world time is very important, if not everything. Time to prepare, time to market, time to close, time to roll out, and many other time related events can determine in great part whether a franchise venture is successful or yesterdays news. Franchises have been burdened, or perhaps mandated is a better choice of words, to comply with Uniform Franchise Offering Circular (UFOC) law for 25+ years. During this 25+ year period the UFOC ...
Every business owner says it; "Do I really need a written contract?" The answer is "YES, YES and YES!" Using a written contract is like buying insurance for your business deals, but much better.What Is A Contract?Simply put, a contract is an enforceable agreement between two or more parties. The contract contains the promises made by the parties to one another, which is legally known as "consideration." These define ...