Larry runs a marketing company in a suburb of Chicago. He’s had a lot of success over the past year, but you’d never know it from what was happening with his bank account. It seemed that whenever he sat down to write payroll checks or pay vendors he always came up short and often couldn’t afford to cash his own paycheck. Read the rest of this post »
I was in Kauai with my fam a few years ago. Great day in the sun. We couldn’t motivate to go out for dinner.
So I decided to grill some chicken on one of those outdoor barbecues. Can you see where I am going with this? Yes…. Oh man. Read the rest of this post »
Money is the most important thing for your business. It’s important to bring in as much as possible and put out as little as possible. The only way this will happen is if you pay close attention to what you’re doing in your business. If you don’t, you’ll find your money is going down the drain too quickly, and that’s not what you need. Following these steps will help you to have more money coming in each month. Read the rest of this post »
Breakeven analysis is a tool used to determine when a business will be able to cover all its expenses and begin to make a profit. For the start-up business, it is extremely important to know your start-up costs, which provide you with the information you need to generate enough sales revenue to pay the ongoing expenses related to running your business. Read the rest of this post »
Who has a bigger IRA? Grandma or Fonzie?
I’m putting my money on Grandma. She lived through the depression. Some days there wasn’t food on the table. She survived. Read the rest of this post »
The other day I was at the counter a La Scala – eating my turkey chopped salad. Chillin like Bob Dylan.
Just minding my own bidniz, doin a little reading . This older lady sits down next to me – checks me out – and starts kibitzing (yiddish for talking) with me. Read the rest of this post »
Creating a continual stream of income is a good way to always have money coming in, no matter if it’s a typically slow time of year or not. It gives you the ability to rest easy knowing you always have money coming in. There are several ways to have these streams, but it’s important to know which ones will work in your favor, and which ones will take more of your time and could prevent you from doing them correctly. Read the rest of this post »
A great way to draw attention to one product or service is to create a sales page or squeeze page for it. They give you the ability to devote an entire page to that one item instead of having other ones on the page steering the attention away. This type of page allows you to go into a lot of detail on the one item, which in turn gives your potential customer all the information needed to decide if a purchase is in their future. Read the rest of this post »
People struggle with their businesses at many different times of the year. Some people say the worst season for business is during Christmas, while others say the summer months are the worst. Part of this may depend on the type of business you run, while the other part may depend on you and when you want to work and grow your business. Read the rest of this post »
Every now and then, I ask my 11 year old son what he wants to be when he grows up. After he switched his answer from a fireman, to a policeman, and now to an Olympic Gold Medal Marathon Runner, I began thinking about how easy it was for him to change his mind about what he wants to be….and how much we all change our minds throughout the course of our lives. Read the rest of this post »