A salary of $50,000 a year as president of a railroad or manufacturing company at first sight seems exorbitant; but the payment of such a salary usually means pure business. It accommodates the frequent lag between when a purchase is made and cash changes hands. The amazing advantages to business of intellectual attainments were utterly without recognition. They don t want control at least beyond the control exerted in the covenants of a loan document.
If you are not willing to risk the usual, you will have to settle for the ordinary
and emotional stress
that running a small business puts on many entrepreneurs not only affects them directly but also impacts their family members ' especially spouses and children. Do it
different or do
it right! Differentiating your
company from your
competition is another business option. Therefore, it
should be as
easy as possible to read.
The party that cares less about the outcome of a negotiation is in the stronger negotiating position
the reward of
labor. Why not?
must have large
cash flows from other products to fill the gap or seek loans or other forms of financing to avoid running out of money before having a market-ready product. Decision trees
help temper subjective
considerations and guesswork, and guard against decision making that is randomized, hunch-based, or emotional.
Sales strategies for the entrepreneurially challenged
desire and need various things which we can get only if we produce them or earn the money to buy them. Positioning is
how you are
compared to your competitors in consumers minds. Maybe your
firm is too
busy to train because you expect people to learn in a vacuum, or by the trial-and-error method, or from their previous boss at their last company. And always
go for it!
A lazy person's guide to Customer Service
have a few
individuals who know a lot of people across social and professional boundaries and facilitate networking among them. In their
efforts to influence
economic and business activity in various ways, policy makers often find that the business world reacts in unexpected ways to various policy measures compared to the outcomes their models predict. Be exceedingly
where your customers
hang out and will see your involvement.
Identify the project vision
planning isn't about
faithfully balancing your checkbook or investing in stocks based on a friend's tip. You need
not be a
Democrat or an Episcopalian because your employer is, but if you are wise you will avoid discussing with him questions of politics or religion. Want to
double your business?
he needs to
do something different, let go, hire better people, delegate, install systems, find better customers, improve products or services, get a better handle on the process, or find more hours in the day.