Stock Market Myths1. You can tell if a Stock is cheap or expensive by the Price to Earnings Ratio.False: PE ratios are easy to calculate, that is why they are listed in newspapers etc. But you cannot compare PE's on companies from different industries, as the variables those companies and industries have are different. Even comparing within an industry, PE's don't tell you about many financial fundamentals and nothing about a stock's...more
Managers and Leaders - Are They Synonyms? A manager is the person in charge of commanding and running a business or a project. Leadership deals with the interpersonal relations. Managing means planning, developing and organizing. In the contemporary society leadership qualities along with managing abilities are a must. If there is one thing I've learnt during my career as a military TV redactor in the Romanian Ministry of Defence, that is that...more
Which one will you be in network marketing?The truth is the odds are against you; chances are you'll be a statistic.Hmmmmm bet the super star space commander upline guru that signed you up or wants to sign you up told you that did he/she? Here are a few stats that may alarm you:Did you know that 70,000 people sign up into a network marketing company EVERYDAY? But did you know that 95% of the people that sign up into a network marketing company will quit within the first year?WHY?Well there are a lot or reasons, poor support, poor company, poor product, poor compensation plan, poor upline. But to me one of the biggest reasons is PEOPLE HAVE BEEN LIED TO!!Most people have been lied to from the get go.Many of the people who are recruiting people into companies (hate that term recruiting) are lying to people and telling people what they want to hear so they will join their company.Now on one had you can't blame many of these people, there're just doing what they were taught by the person that signed them up, and that's usually some person with the recruit, recruit, recruit mentality those are the people I blame.Hey the great news is you DON'T have to be a statistic. You just need to...more
Changing roles from employee to leader can be fun and very rewarding. It usually brings about more pay, more responsibility, and prestige. But it can also bring about some potential pitfalls as well. Here are 3 areas you can anticipate in advance as potential problems.First of all, many of us jump into our new role and never really know what is...more
The business of debt collection has become very lucrative and the collection of "old" is on the rise. It would be wise to know your rights when it comes to getting collection calls for old debt especially debt that is excess of seven years and no longer appears on your credit record.1. Be aware of the statute of limitations in the state you live...more
Lead generation is a funny thing. It's the lifeblood of any growing business, yet many approach it in a casual manner at best.Consistently generating leads for your business takes momentum and momentum takes energy.In my experience, lead generation energy is best created by effectively approaching your very well defined target market from several angles, advances and mediums.Your multi-pronged attack should come just short of making them feel that you and your business are everywhere they want to go.One way to accomplish this is through the carefree spending of bucket loads of money on advertising. It's an approach that has actually worked for some, but I don't recommend it for most small business owners.A more effective small business lead generation machine, one that generates the greatest return on investment, is best created through the blending of targeted advertising, consistent public relations and a systematic approach to referrals.This three prong attack is the stuff that momentum is built on.AdvertisingFor most small businesses, direct mail is one of the best ways to target specific markets. The key to making small business direct mail, or any form of advertising, work is...more
Ah, Motivation. It has been the subject of countless books, seminars, songs, articles, manuals, conferences, missions, discussions, debates, movies, interviews and headaches. In today's world every employer, in every industry, in every country, is...more
Over the years I have worked with thousands of people in my various roles of Author, Consultant, Coach, Speaker and Trainer. Virtually all of the people I have met over the years have used products and services in an effort to help them improve their...more
Meet Bob. Bob is a 41 year old low-level manager at XYZ Corp. Bob is a decent guy. He is dependable at work. He always gets a decent performance review and earns decent pay increases. He doesn't "shine," but hardly anyone at XYZ Corp does. According...more
Most people, when investing their money, will ask what their "return on investment" will be. They want to know that they will get the most interest possible by putting their money into this investment versus that investment. Obviously, this is a...more
You must have heard that signature loans are meant for people with good credit record. This is true in its basic sense, but, another veracious fact is that because of an increase in the number of bad credit holders, the lenders have come up with the...more
Ah, the good ole days. What happened to the days when you could open up your shop and be the only butcher, baker, repairman, etc in town? The answer is "Progress." Progress brought with it more things to do and make money at, but it also brought with...more