Allowing the audience to ask questions after your presentation is an excellent way to reinforce your message and to continue to sell your ideas. In addition, because listeners can ask for clarification, audience members are less likely to leave your presentation with misconceptions about the concepts you delivered. Because of these benefits, the question and answer period is actually another presentation and vital to most speaking...more
People remember best what you say last. In a presentation, what people take with them to put into action or to connect with what they already know depends to a large degree on how you end the presentations. So in one sense, the end of your presentation is the beginning for the audience. Speakers often reach their momentum in the middle of the presentation and lose contact with the audience by the end. One of the ways a speaker can ensure...more
We live today in an age of inflated money- where every necessity and luxury costs us more each year. To live well, we need a larger income. For many, running harder and faster in the rat race of a 'job' yields that bigger paycheck. At some state whilst jogging the marathon of life, one comes to the realisation that running harder for someone else means we are making them richer and only wearing ourselves down. We stop. We think. There has to be another way. We quit our jobs. We begin to look at running a business. A home based business can be your key to financial success, and you don't even need to quit your day job to succeed. The ideal business is a network marketing business. This is your ride to financial success - a second income spare-time fortune.A part time income opens new worlds of freedom to you. Better vacations, improved education for your children, better healthcare. Over a period of 5 years you can reach the stage where your financial freedom allows you to leave your 9-5 for an even more fulfilling life.Starting a network marketing business is the key. Must you be a genius or a millionaire to succeed? No. All you need is the desire and courage to follow...more
Network marketing is experiencing tremendous growth in the business arena today. Many more companies are benefiting from the networking systems used to get product to the consumer. In fact, individuals are reaping the rewards in this business drawing greater attention to the amazing income potential and lifestyle rewards in running a network...more
When the typical new business operator starts a business, they concentrate on making the business succeed. That is necessary but not the only thing that a business operator should concentrate on. A business depends on cash flow to exist and grow, so business operators would do their business a good turn by looking at sources of cash flow provided...more
What is the number one way to prevent failure in business? Take a minute to really think about your answer. What comes to mind? Increasing patients or customers served? Effective marketing? Location, location, location? Improving patient or customer care? Being the best in your industry? Although these are all essential aspects of business, the answer isn't any of the above. The number one way to prevent business failure is to properly manage your working capital. To ensure that we're all on the same page, working capital is simply defined as the difference between your current assets and current liabilities. If this figure is positive, you have working capital available. This working capital may exist as inventory, accounts receivable, or cash on hand. Working capital management is a critical management issue for growing businesses or medical practices. Take the example of a growing doctor's office: As expenses rise with patient-load increases, you accrue more outstanding cash, particularly before receiving reimbursement from the health insurance payors. At this point, your incoming cash does not nearly offset your costs going out. This may be manageable while you...more
There can't be many traders who haven't at least considered the idea of telling the boss what they think of him, throwing it all in and going off to trade the stock market for a living. It's a big risk financially, and that uncertainty is what stops...more
In part 1 of this article I started to look at the financial implications of giving up the day job to instead start trading full time for a living. There are more than just monetary considerations as we will see later, but for now, there are some...more
Recently, my family and I took a trip to Maine to visit relatives. During our stay, we toured the rocky shore lines and took in the beautiful architecture of the old towns.One sunny morning, three generations of Wardlaws boarded a lobster boat and...more
OK, so you are up to your head in debt. You are stressed out, it is now affecting the way you function and absorbing most of your daily thoughts. You have no idea what to do. OK, first things first. Take a step back and try and look at things...more
Morningstar now provides Fiduciary Grades on mutual funds. How does Morningstar determine these grades? How can mutual fund investors use these grades to better manage their portfolios?Mutual fund investors use Morningstar Rating as a sign post of...more
Putting a piece of paper in a file folder is easy; finding it again is the hard part. There are ways to make your files easier to use and your papers easier to find. Invest in a sturdy, four or five-drawer file cabinet. Spend the extra money it takes...more