Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Friday, July 23, 2010

What would you do with more money?

According to Guy Kawasaki, you would do poorer business. That is right: more money makes for less quality. He gives 6 logical reasons why...read on and share your thirsty fish thoughts in return.
clipped from www.openforum.com
Many entrepreneurs believe that the lack of capital is their primary problem. If only they had a fat bank balance, they could kick butt. As a venture capitalist, I’ve seen what happens when companies raise substantial capital. It’s not pretty—in fact, my theory is that too much money is worse than too little. Here’s why.
Expenses expand to the level of funding
Money creates a false sense of security
Money makes companies hire “proven” people
Money makes companies buy people with salaries
Money causes dependence on experts and vendors
Money makes entrepreneurship look like a serial process
blog it
Enhanced by Zemanta

Wednesday, June 9, 2010

9 Money Saving Tips from the Great Depression

Why don't we follow these simple rules about spending anymore? What other tips can you share to add to this list? Leave a comment...

Live Under Your Income
budgeting your expenses and then just getting enough cash out every week to cover your needs and put those credit cards all away.
Less Focus on Wants, More Focus on Needs
If it’s clearly not a need you should put the purchase off for 24 hours before you complete it so you have some time to think about it carefully.
Stay  At Home
Eat At Home
Pass Over the Alcohol
Shirk the Latte
Shopping and Entertainment Are Different, Don’t Confuse Them
Keep the Car
Use All of It, Wear It Out, Make Do with It, Do Without It
This is the motto that ruled the depression era. Keep this in mind and use it before you purchase something. Its tips like these that can get you through the worrisome times and help you save some money in the good times.
blog it
Reblog this post [with Zemanta]

Wednesday, January 27, 2010

Are you embarrassed to ask for money?

I know that sounds silly. Why would a consultant be embarrassed to ask for money for their services or advice? Well, many people have this exact struggle. Sometimes it comes from friends asking for some advice over lunch and expect it to be free. Others may not feel they are too new to the field to ask for money or at least ask for very much. It is all about their self value. Learn some more tips on how to build your business and ask for what you are worth: Click Here!
All clients love free advice and they will take as much as they can from you. However, you must know when it is time to start the billing clock. It is important to establish these items when you bring a new client in.
In most cases you must give some free time to show the client what you can do and what you bring to the table. That's OK, everyone wants to try things before they buy.
However, don't be afraid that when you mention billing that you will scare the prospect away. If you do, then they were not serious about paying you in the first place!
Don't be embarrassed to ask for money. Your client needs your knowledge and expertise. If you explained to them your costs and you are providing value, they will be happy to pay for the services!

blog it


Reblog this post [with Zemanta]