It is important to note that every smart investor wants to minimize risk while maximizing profit potential. Yet conventional investment theory tells us that in order to increase returns, you have to increase risk.You may be surprised to find that this conventional wisdom is not always true. When I was a professional stock trader, I made most of my profits from appreciation in my portfolio, not in short term trading. In other words, I was a...more
Have you ever heard that only a small part (5%) of 'all' Home-Based Business entrepreneurs achieve success? Do an online research on your favorite Search Engine and you will understand what I mean. In this article I'm going to show you the KEY to Home-Based Business entrepreneurs success; you'll find out what makes an entrepreneur succesful in the home-based business field. Below are 5 TIPS for Home-Based Business Entrepreneurs: 1. It's their...more
For most people, there is a direct correlation between how worried they are about retirement income, and how much they can actually do about it. This is because the more worried you are, the closer you probably are to retirement, and the less time you have to do anything - like save up. Effective 'saving up' requires time. Time so your money can grow. Save an extra $200 a month, three years before retirement (at age 62), and you'll amass a grand total of $7,887 (averaging 6% growth). Not likely to have a big impact on your retirement lifestyle.But what if you invested for retirement when you were NOT worried about it? What if you, say, quit smoking a pack a day at age 45 and took the money and invested that instead? (For the purposes of this illustration, let's assume a pack costs $7.00 and you smoke a pack a day so you invest, for easy figure's sake, $200 per month. Again, average compound rate of return is 6%.)Instead of starting to save when you start worrying about retirement (at age 62), and amassing that grand total of $7,887 by age 65, you start saving when you're NOT worried about retirement (at age 45 - by quitting smoking and saving that money) so you end up with, wait...more
Looks like Microsoft Great Plains becomes more and more popular, partly because of Microsoft muscles behind it. It seems to be goof solution for mid-size and even large multinational corporation with Headquarters in US and branches Worldwide. You, as V.P. IT can deploy the strategy, when you host your Great Plains in headquarter and have...more
For those business, non-profit and association managers committed to PR tactics like radio and newspaper plugs, it can come as a surprise to discover where public relations value REALLY lies. Truth is, your PR budget can deliver results far beyond such limited publicity placements. For example by embracing the kind of PR plan that persuades...more
Todays business environment has changed drastically from just a few years back. Rather than working exclusively with equipment, data, and systems, todays IT managers face issues such as cross training, personnel management, interdepartmental communication, and a widening job scope for all IT employees. This expansion of the IT job realm has left many IT managers juggling new challenges. While the problems, in and of themselves, might appear overwhelming, there are simple, proven ways to rise above them. Problem #1 - Tough Data Flow Information often flows irregularly and is subject to quantitatively strong fluctuations. These fluctuations can become detrimental if not dealt with. The simple solution is to control the information. Officially, information controlling is the analysis, evaluation, and importance attached to the electronic data that is collected and provided with the data under various criteria. To achieve this, start by making employees aware of the importance of the data they help to gather. Encourage accuracy and demonstrate to employees how their active participation in the process can reap rewards they might not have thought of. Because your job as IT manager will...more
In my audio program Book Yourself Solid, The 7 Keys To Getting More Clients Than You Can Handle Even If You Hate Marketing And Selling, I focus on the nitty gritty of what to do to get loads of clients but the real key and what I try to deep into is...more
Having been in the personal care manufacturing business for a number of years I have some advise for those of you thinking about starting a manufacturing operation. First off some manufacturing basics. Manufacturing is essentially the same no...more
Learn more about these topics by subscribing to "Monday Morning Mindfulness" at http://www.schrift.com/monday.htmSandra's ezine 'Monday Morning Mindfulness' Sandra Schrift will help you grow and enlighten your soul with her bi-weekly ezine 'Monday...more
Imagine paying your mortgage off in 15 years! Think of all the great things you could do with that extra money. What would you do? Retire early? Buy an R.V.? Travel around the world? If you could eliminate your mortgage in half the time, then...more
It seems that every day I turn on the TV and find a Poker game. Texas No Limit seems to be all the rage these days. I love watching it. When I discuss this with others, their response is always the same, "You should play." Ah, but what they don't...more
The main reason is to stop any potential lawsuits from happening! But do you know how many individuals I have talked to about this very thing? Many! Do you know what the majority have told me? They have locks and cameras, so they don't need anymore...more