With all the talk lately about Mortgage Cycling versus Bi-Weekly Mortgages which one is really right for you? Choosing the correct one could literally save you thousands of dollars and shave off approximately 20 years on the life of your 30 year mortgage.So a little background on the principal of each program needs to be told. Bi-weekly mortgages became popular a few years back when interest rates were extremely high and it made a lot of sense to...more
Good sales people can close, but few "step up" for even more sales from that close. Yet stepping up should be one of the easiest accomplishments in sales that is if you know how to build the staircase. Do it by applying a leadership tool I have taught thousands of leaders worldwide during the past 20 years. The tool is simply to foster a particular viewpoint, which is this: Challenge people not simply to do a task but to take leadership of...more
H. Sam Hyams, a Toronto businessman and Orthodox Jew, is on his way to becoming a major player in the world oil markets with his company Strat Petroleum, Ltd. A well respected businessman in Canada, Hyams has a strong network of contacts in the U.S. and especially Russia.His company is investing in the development of oil fields in Russia through direct investment or the establishment of joint ventures. They are also leveraging relationships with local refineries to secure refined oil product for sale to international markets, in order to generate revenues and cash flows. To achieve these objectives, Hyams is following an aggressive acquisition and sales strategy and pursuing the best financing alternative for each opportunity in order to realize early returns on investment. His aim is to be selective in securing those opportunities that have the lowest risk while diversifying sources of revenue through sale of crude oil and refined products.Mr. Hyams, CEO and President of Strat Petroleum, Ltd holds a Masters Degree in Business Administration from York University in Ontario and is a Chartered Accountant. His extensive experience over the past 20 years in Canadian industry and on...more
Have you noticed how you feel when you're around positive people? You feel uplifted, refreshed and energised. You learn that life is what you make it and that you make your own 'luck'. Consequently the opposite is true when you're unfortunate to be with negative people. They drain your energy, are usually unhappy and seem to attract sickness and...more
This is it. The end of another year. For some of you the next few days will either be frantic or quiet, depending on the business you are in.I hope those of you who are quiet are spending your time wisely planning what you want to achieve for 2005.For the rest of you no doubt, January will be the time when future plans will be made.Regardless of...more
"I couldn't wait for success... so I went ahead without it." -- Jonathan Winters More Org Chart boxes than people? In previous issues of Profitable Venture Tactics (PVT), I have discussed how to develop your Strategic Objective, Organizational Strategy, and Org Charts. For best results you must develop these in order, before you develop your Position Contracts. Strategic Objective Organizational Strategy Org Charts(For more information on these topics, see PVTs 2, 3, 4, 9, 11, 22, 29, 36, 42, 58, 60, 65, 81)In this issue, I will attempt to tell you how to determine the best sequence to develop Position Contracts.Whether you're in a business start-up or small business, you face this one problem:"More boxes (on the Org Chart) than people."In other words, when you first develop your company's Org Chart, you see how the number of positions (boxes) exceeds available people to fill them. So inevitably, certain people must occupy two or more positions at once.While filling more than one position has inherent problems, it also complicates how you sequence the development of Position Contracts. Let me explain.What are the limitations of this "Standard Approach?" If you stick to the...more
As a business consultant I get the opportunity meet hundreds of professionals in every imaginable business each year. And time and experience have taught me one thing - there are a few 'Must Haves' for any modern business. My clients hire me to...more
Hiring the first personal business assistant is an exciting time for new business owners. It means that the business is doing well enough that the business owner can no longer keep up effectively with the demands of the new business. Sales are...more
How would you like to be debt free in only a few years, including zero mortgage debts?! Sounds too good to be true? Well check out this easy debt elimination plan from www.nodebtever.com - the plan the Banks DON'T want you to know about! First off,...more
Upper Saddle River, N.J. - January 10, 2005 - With the start of the year, a flurry of articles have appeared, talking about what we can expect in the way of business trends during 2005. One of the most alarming issues is the intention of many...more
Upper Saddle River, N.J. - March 8, 2004 - Compensation Resources, Inc. released the results of a study they recently conducted of 642 companies covering the usage of Long-Term Incentives (LTI). Since 2001, the US business sector has been shaken by...more
Upper Saddle River, N.J. - May 2004 - Compensation Resources, Inc. has released the results of its 2003-2004 College Graduate Salary Survey. The purpose of this study was to obtain compensation data and information on recruiting and hiring trends...more