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
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...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 international offices connect via remote support. Or, you can have regional offices work of their own Great Plains installations and then consolidate information via FRx or other reporting toolsThe challenging thing here is to get local Great Plains support for your regional offices. Ideally you should have Microsoft Business Solutions Great Plains Partner - who serves your headquarter and has consultants/technicians close to your overseas operations. It is not always possible, due to multiple reasons:Europe - in Europe Microsoft Business Solutions has Navision and Axapta lines - so you can not find (with some minor exceptions) local European Great Plains VAR - you have to appeal to remote support. Multicurrency issue - US-based partners do not usually have this expertise. You have to appeal to ones, operated by former immigrants - there are...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...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 what you need to do for yourself to take action.I think there are only two reasons for most any business problem: You dont know what to do You know what to do but youre not doing itAnd, I also think that 90% of all business problems stem from number two. When I say business problems I mean why we dont achieve what we say we want to achieve or why we dont do what we say we want to do. So, of course, the next question you might ask is why dont we do what we know how to do? And the answer is. we havent built up the self-confidence needed for the goal at hand. Look learning is easy accumulating knowledge is easy. There are lots of people who know what you need to know and are willing to share the information with you. So, again why arent you doing what you say you want to do? Again, I say not enough self-confidence. Were born with high levels of confidence in certain areas and not in others. And its different for all of us. But...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
"Joan, I'm working so hard and I'm not getting anything done!" I have heard some version of this cry of frustration by many an entrepreneur. It's a common complaint voiced by those of use who sought the freedom to have complete authority over our...more