You must decide for yourself whether you will charge for your services or not. Should you decide to charge, the next question is "what should my fee be?"1. Determine What You Need To MakeWhen setting fees, part of the calculation is how much you need (and want!) to make. If you first decide how much profit you need to make, you can then determine what to charge in order to make that profit. It's necessary to do a personal and family budget...more
Here's a bunch of important things you should know about day trading before you start. First off, can you daytrade if you don't have the requisite $25,000 plus? Yes. You can start Day Trading with as little as $750 if you decide to trade using a spreadbetting account rather than a standard broker, allowing you to ignore most day trading regulations about trading frequency. To day trade stocks using a standard brokerage account (8 round...more
Video conferencing is a friend of the environment. It helps reduce the volume of CO2 emissions from cars and reduces traffic congestion on our roads (as well as improving company productivity and reducing costs!). As governments throughout the world look to cut their CO2 emissions to meet global treaties, such as Kyoto, companies can use video conferencing as an easy means of achieving just that. Many leading companies now use video conferencing both as a key component of their business strategy and a vital cog in their environmental plans as well. Lex Vehicle Leasing, part of the RAC group, has been using video conferencing between its Manchester, Marlow and Stirling offices and since the beginning of 2004 estimates that it has saved over 80 tonnes of CO2 from being emitted into the atmosphere. In addition to this environmental benefit the company also reported time savings of almost 6,000 hours from employees not travelling to meetings and getting bogged down in congestion. To put this into perspective this figure equates to over 150 working weeks when Lex employees were at their desks helping customers and not stuck in their cars travelling too and fro. There are also several...more
Recent mergers in many industries remind me of a point that Gen. Dwight Eisenhower often made, "Generals move the pins on a map," he would say, "but the front-line troops have to get the job done."And the key to the job is leadership, small-unit leadership, leadership of the most basic units or teams of an organization. Without good leadership in...more
The greatest occupational high that financial services Marketing Directors experience is bringing a vision to market through a financial product or service innovation. Seeking to experience the same euphoria that great inventors like Benjamin Franklin or Thomas Edison must have felt, they follow their dream of implementing a financial product idea...more
Do you have an idea for a business? Perhaps the only idea you have is that you NEED an idea so you CAN start a business. Before turning any idea into a business, you must first have an idea how to succeed. For most people, the definition of a successful business is one which is profitable, and a profitable business is built upon ideas that have been properly researched. Here are 10 steps you can take to flush out an idea and turn it into a profitable business: 1) Make a list of the reasons why you want to go into business for yourself. Look at your list critically. Does starting your own business help you realize these things? An excellent book to help you get in touch with your underlying motivations and desires, and create true prosperity from your venture is 'The Science of Getting Rich'. Pick it up free here: http://www.homebiztools.com/science.htm 2) Make a list of the things you like to do with your time. Success can be elusive if you're not truly excited about your business. What are your interests and hobbies? What are you good at? What do other people say you are good at? This list represents broad business models that will give you the greatest joy over...more
Practical Biz Solutions The business success newsletter for business owners, top executives, and commission sales people from Stan MannPlease forward Practical Biz Solutions to appropriate friends.Dear Reader: High Achievers have great strengths....more
Why do some teams perform well while others struggle? How can you assess how effectively your team is working now, and identify methods for improvement?Research shows that 85% of the reasons that teams of people succeed or struggle has more to do...more
If you gather 100 experienced leaders together to share with you their most important secrets for success, you probably wouldn't hear a lot of academic theory or jargon. Instead, this is a good idea of what you'd hear:1) Put ethics first. ...more
Before you call your next meeting, the FIRST step is to decide if it is really essential. To determine that, ask yourself the following: Is this meeting essential? Can we do without it? Can we accomplish the task without a meeting? Can it wait...more
You wouldn't build your home on anything less than a solid foundation. Similarly, you can't build wealth and financial independence without first having sound foundational principles to build upon.I have found that many people are working...more
If someone offered to loan you $2100 of your own money at interest rates of up to 222% you'd probably laugh at them and walk away; but, this spring, 1 in 10 Americans will do just that: they'll borrow their own money at interest rates as...more