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Change Management Needs External Focus
Poor managerial performance is viewed more as structural rather than market factors. The mantra of the managements for increasing efficiencies and profitability is more often than not structural adjustments within the organization. Structural adjustments ...
Organizing Business Cards for Effective Contact Management
Now that you've had colorful new business cards printed, and have been distributing them diligently, what do you do with the cards you collect from other people? If you're like most people, you have a stack of rubber-banded cards floating around you desk. ...
Time Management and Working to Succeed
Time management is the process of working to succeed. When you are working to succeed, you are reaching your goals. Another way to look it is the popular phrase "begin with the end in mind." Sometimes it is difficult when times are constantly changing and ...
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ton of money promoting their ventures.
I've seen messages by marketers who've spent as much as
$9,000 without making a cent. What's even more disturbing
is the fact that many of them have spent that money and
haven't learned a thing.
They've not only spent all their savings, they think the
problem will be solved by spending more money. They're
chasing their losses.
They aren't building a business, they are gambling. The
more they lose, the more they spend.
There's only one question to ask yourself before parting
with your hard earned money.
"Will spending this money make me more money?"
I learned that lesson in the brick and mortar world real
fast. I had just hocked my soul to buy a small business.
Before I even made a profit, I asked a friend about
knocking down a wall.
I still remember our conversation.
"Paul I'm thinking about knocking down that
wall."
Paul looked at me and said, "John do you really think it
will make you more money?"
That answer was a wake up call. My decision was based more
on ego, than it was on sound money management.
I'm still thankful I never tore down that wall.
Every dollar you spend, must bring back more than a dollar
in profits.
If you break even, you've lost money. You have a hole in
the bottom of your bucket.
You must save money in your personal life and in your
business venture as well.
The next time you're ready to spend money on a product or
service, ask yourself; "Will this make me more money?"
If the answer isn't a resounding yes, put your credit card
away. Make decisions based on profits, not ego.
About the Author
John publishes the "Street Smart Marketing"
newsletter. To subscribe
mailto:streetsmart@rapidreply.net
Download your free copy of Secrets of Success.
http://www.internet-profits4u.com/streetsmart.exe
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BLM rejects permit for methane bacteria projectCBS NewsFederal land managers have rejected an application by a Colorado company to use bacteria to produce methane from northeast Wyoming coal beds. Luca Technologies Inc. wants to use a process called methane farming in which water and chemicals are injected ...and more » |
New York Times (blog) |
Management Buyouts Can Be Too CozyNew York Times (blog)That seems to be the case with the board of Venoco, a California oil company that is the subject of a proposed $770 million management buyout. On Jan. 16, the Venoco board of directors agreed to let the company be acquired by its chairman and chief ... |
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