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Does Your Business Need An Attitude Adjustment
Sue and Chuck DeFiore
First you need to: Change your attitude. I know you feel you have a good reason for feeling bad. However, instead of moaning and groaning about why me, ask yourself how you can turn the situation around. It’s better than feeling sorry for yourself, and a lot more productive. You may not have all the answers you need immediately. It is important, though, that you are asking questions. Eventually you will ask the right questions, and move forward.
Second, it is very important that you believe that you have the power to change things. The one thing to take from the past is the experience of success. Like us, many people “have had it and lost it and have had it again”. As we discuss in our book, “Who Makes It Happen We Do”, we lost it for a while, but we got it back. As we state in our book and constantly to our students, “who makes it happen, you do!” You have to believe you can be successful, to be successful!
If you haven’t had the experience of creating a business success or earning a lot of money; then you need to get a mental picture of a time when you made a wise choice or acted in a certain way. For example, having the suggestion you made at work implemented. Getting down to a weight goal you set for yourself. Winning a tournament or championship in a particular sport. Closing your eyes and getting a mental picture of yourself succeeding or a mental picture of yourself in a more positive time is a very popular technique.
Third, you need to work harder and smarter. As we have stated before, you are not going to be a millionaire overnight, unless you win the lottery; and we all know what your chances of that happening are. The surest way to make money is the old fashioned way, working for it. When you’re starting a new business, expect to work harder for months, even several years. If you can, hire someone or buy a piece of equipment that saves you time. If all your time is spent producing the product or if you are concentrating only on the supply end, you miss the big picture. You need to be able to see the big picture, to set goals for the future, and make decisions, in fact, some very important ones, to keep your business ahead of the competition. In order to succeed, you need to be able to focus clearly. This means that you need to take the time, away from the work environment, so you can think, without all the distractions and pressure. So your think time needs to be in a calm and serene en! vironment. If that occurs while in your car, walking, exercising, the spa, the shower, whatever, go there.
Fourth, you need to keep focusing on what you want. Unfortunately for too many individuals all the focus is on the negatives. They focus more on why they can’t do it, instead of the positive, and because of this their business failures become a self fulfilling prophecy.
Fear can be very debilitating to the business person, especially in the finance area. If you are fearful of financial disaster you may head toward it instead of taking the risks necessary to become successful. You need to focus on what you want for your business, to be ready for the challenges that will come your way, and then do whatever it takes to make it work.
Five, instead of looking at the recession as an excuse, see it as a time of opportunity. Economic down turns sometimes will open up different opportunities for your business. During these times, people need and want value for their money. Instead of replacing an item, they will repair it. During this time, you may be able to buy equipment or inventory for less. Think ahead. Remember, business growth tends to be erratic with growth spurts and setbacks. You need to believe in what you are doing. You are in business for the long run so learn to deal with the ups and downs. Realize that you will prevail in the long run, since your product or service has value and appeal.
Six, you also need to look ahead by staying on top of changes. Keep in touch with innovations in technology and how they effect your business. Don’t purchase something because it is the latest and greatest, if you don’t need it. However, if a piece of equipment or certain marketing methods will help you reach your goals, save you time or help you run your business better, invest in it.
Seven, be aware that political or social changes that can make a difference, too. They can mean that your whole market is changing. Read everything you can get your hands on, stay tuned in to all the media and don’t forget to be aware of what your competition is doing. You need to keep asking yourself,” How can I cash in on this new trend” and “What do I have to do to catch up”
And last but not least, realize that there are going to be certain areas of your business you are better at than others. Let’s say you manufacture and sell cassette holders. You are great at selling them, but not very good with the manufacturing end. Once you find what you can do better than any one else, keep doing it. You’ll not only stay in business through tough times, you’ll stay ahead.
Copyright 2003 DeFiore Enterprises
How To Realistically Set Your Fees - Part 2
Effect of Expenses
Wealth And Your Net Worth
Wealth and Your Net Worth by C.C. Collins http://networthpublishing.com
Brain Snappers and Other Wall Street Nonsense
Brokers do that to let you know that you don’t know anything about the market and you must allow them to make decisions for you. You don’t know the language. You are just too dumb. Another mushroom.
The Search Engine Showdown
If youre anything like me, you have a favourite search engine and youre loyal to it. You never use any others which made this research difficult for yours truly, insist yours is the be-all and end-all and you even go so far as to deny any shortcomings it may have. But is your search engine truly the best Inspired by a great article at the BBC News BBC News: Search Wars, we decided to compare the major search engines. Heres what we found.
Real Estate Bankruptcy
Although real estate bankruptcy cases no longer dominate the bankruptcy courts dockets as they did in the early nineties, but they continue to be filed with great frequency in UK. At its essence, the real estate bankruptcy is a two party dispute between mortgagee and mortgagor. Real estate bankruptcy cases are typically filed after a foreclosure sale has been set. Upon learning of the bankruptcy filing, a secured creditor has a number of available options, all or some of which should be exercised, depending on the facts of the case, to maximize loan recovery.
Product Review of Carelton Sheets No Money Down Course
Real estate continues to be a very important part of any financial wealth building strategy.Most wealthy individuals have real estate investments as a portion of their overall net worth.Carleton Sheets has been in real estate since the 1970s and has taken his experience to build a complete real estate course.
Can This Happen To Your Family
I would like to introduce you to the Blaine family. A typical family with typical problems in todays world.
If we want to fill our heads with the doom and gloom society seems tothrive on, all we need to do is turn on the local news at night. To make that quantum leap toward personal happiness and success in life,sometimes we just need to do what so many people seem to be talkingabout lately: clean house and take personal inventory of the people weassociate with most.
Credit Establishment 101
There will come a day when you need credit. You may want to buy a home or a car and your credit rating will become very important to help make these dreams come true. One of the first things you will need to learn is the basic principle of money management, especially the ability to repay your creditors on time within the 30-day grace period they establish for you. Most people secure credit cards as the first way to establish credit in High School or College. Upon getting the credit card, usually a low spending limit, the ability to repay the card in an orderly fashion will help you establish a positive credit rating with the major repositories.
The Power Of Viral Marketing
You certainly know by now that the term "viral marketing" is not just another dot-com cliché. Quite the contrary, it describes the incredible, unmatched power of the Web to promote your business by marrying email to the traditional concept of "word-of-mouth."
Lower Your Credit Card Interest Rate Now!
With today’s credit card companies, there are many opportunities to get your cards rate of 21% or more reduced. The higher the amount of interest your card charges will cost you more for a simple purchase and ultimately may take you years to pay off instead of months, should you make the minimum payment allowed. People often just pay the minimum balance as a way to improve their credit rating; this couldn’t be a more dangerous way to increase your credit score. Leveraging the credit card company to say “Uncle” to your ability to switch over is easier than you think.
Flat Fee MLS Listings - Is this the future of real estate
Realtors are all a buzz about this new form of listing houses on the MLS multiple listing service. Some feel it creates more work for the buyers agent, while others see this as a way to tap into the For Sale By Owner market.
Complete Home Rehab In 10 Days
This report is about taking a house and restoring it to an aesthetically pleasing dwelling that has reclaimed it’s functional utility.In effect, it is the anti-aging medication for bricks and mortar.
Negotiating the Real Estate Contract
Negotiation is the process of communication back and forth in order to reach a joint agreement. There is no "one size fits all" strategy of negotiating a real estate contract. Many of our clients have been very experienced negotiators, and we have learned a great deal from them, as well as from books on the subject. We would like to share some of our thoughts on negotiating with you:
When And How To Prune Roses
The following article was written by David G. Hallstrom for and originally published by National Realtors Directory.com.
Choosing a Classified Website and creating your advertisements.
“Penny Wise and Pound Foolish”
This saying came to mind when reading my Icop newsletter. JLwas discussing things that Chuck and I talk about all the time. A couple of weeks ago while listening to Jim Edwards’ audio newsletter he ranted about the “psycho freebie seekers” love that name. Jim rants almost as well as Dennis Miller.
Debt Relief From Debt Consolidation
If you are up to your neck in debt, there may seem like there is no relief in sight. In fact this is not necessarily the truth. There are ways to take all of your stifling bills and roll them up into one neat package by using debt consolidation in two very popular forms Home Equity Loans, Refinancing Loans, and a Consolidation Credit Card. All of these instruments provide the debtor with one thing “relief” from the current debt by shrinking it down to a single manageable debt.
The Sellers Guide to the Buyers Eye
A strong tendency towards a sellers market will continue until the baby boomers finish the cycle of buying and selling real estate, estimated to end in 20 years, according to the Senior Real Estate Association. Baby boomers born between 1946-1964 are in their peak years for real estate investment.
Why You Should Invest In Real Estate
Why real estate, or why property, some people ask when looking for an investment. Well, as far as I am concerned, real estate/property investment is, and always has been, the most powerful type of investment for building wealth. It has been said that over 90% of the worlds millionaires got there by owning property. The reason property is such a powerful way to build wealth is due to one key concept: leverage.
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