Add You - Finance

Customer Service Revival
Value is in the Eye of the BeholderSales today is filled with stereotypes. The “sleazy car salesman”, the “annoying telemarketer”, and the ever-present “pushy commission salesman”. And in the sales profession, we may not realize it – but we do think of other people in our profession this way sometimes. Now, this may not be because of our vision of them – it may, in fact, be because of their vision of us as customers, and their knowledge of the sales process.We all know that the profession of sales has a stigma attached to it. If you’re a salesperson, you are pushy, rude, overbearing, and only want money – at least, that is the common misconception. And although you may not want to hear it, this is true of some. Those obnoxious, pretentious and sometimes even nauseating individuals, who are the primary reason for a bad outlook on salesp

must be increased to handle the new jobs these advances create. We could spend volumes on this aspect, but I think you probably get the picture!

So, all businesses, large or small have these same three areas of concern; cash flow generation, stability and growth. Now, let's try to pull these concepts down to a level where we might be able to see a direct connection to our trading businesses.

We are traders. Trading is our business. Let's agree that we have needs for cash flow, stability and growth in order to manage our trading business more effectively. Trading is not just throwing money at the stock market in some 'willy-nilly' fashion. We have to define our trading business in such a way that we can apply sound business principles to insure that we truly have a 'going concern'. Here's how I do that in my business and how I teach others in the trading labs to do the same thing. Lacking both the time and room for a detailed description let me summarize what we do...

First, my cash flo

Job Hunting Tips-For The New Graduate
Are you a new graduate and planning to look for a job? Have you recently quit your job and are looking for a better opportunity? Are you unemployed and have little knowledge regarding ways to land a job? Whatever your situation may be, it would be to your advantage to study the following tips:1. Check your resume for errorsBefore submitting your resume to a prospective employer, check your resume for corrections at least three times before handing it over. After researching about the job position, it is critical that you format your resume to match the needs of the company. For example, if you are applying for an accounting job, you should put in detail your accounting experience on your resume. Typographical and grammatical errors are serious no-no's. It is also ideal to keep the length of the resume' to at least a page and a half lon

Have you ever wondered how in the world large businesses or corporations such as GM or IBM just manage the small day to day tasks of operating and managing such huge concerns? It is just mind boggling to think about the millions of little details which have to be handled just to keep the doors of such complex corporations open! I'm not a CEO or CFO type and I certainly have no training or expertise in those areas, but I have spent a lot of time talking to folks whose job it is to run large and medium sized companies in an effort to understand how to better run my own, comparatively tiny business. What I found was truly amazing, if not totally refreshing!
What my searching uncovered was really encouraging in that it showed me that their businesses, no matter how large or complex, all have basically the SAME three requirements. The details are a bit different to be sure, but they all depend primarily on effective management and sound decisions in three areas; cash flow (or income), a source for stabilization of that income, and long term growth. I describe this a 'encouraging' in that my small business ... in fact ALL businesses ... have the same needs in the same areas, no matter the size of the concern. Let's take a quick look at all three of these areas.
The first and most important of the three is the need for consistent, sometimes daily CASH FLOW. This area is prioritized above the others because it is here where the money is made to meet expenses of continuing in business. Face it .. business have bills to pay. General Electric must meet it's obligations just as surely as we must in our family's daily existence. AT&T has daily obligations ... IBM and Microsoft face an overwhelming amount of daily expenses ... YOU and I are no different! We just operate on a different scale ... thankfully! To the extent that a business is able to meet it's expenses - pay it's bills, if you will, it should, all things being equal, remain a viable business concern. The instant a business fails to generate these very short term funds is the instant it begins to go out of existence!
STABILITY in cash flow generation is almost as important but is prioritized down a notch. The main reason for the 'downgrade' if you will is the nature of the need for cash flow. The expenses must be met, even if on a 'hit or miss' basis. Consistently generating that money is 'stability', crucial in need but behind the actual 'generation' in position. It is important to be sure as stabilizing at a level LOWER than necessary to meet expenses is unacceptable, for obvious reasons!
This stability is achieved in most business by keeping a 'pipeline' full of forthcoming business, designed to provide regular cash infusions periodically. In other companies, stability can be achieved by ... well, just having a ton of cash on hand! Perhaps one of the best examples of this is Microsoft. During the recent onslaught of government or regulatory attacks accusing the software giant of monopolistic practices, fines in the millions of dollars were tossed about as potential 'punishment' for these alleged violations. Can you imagine how LITTLE would be the impact of a $10 million "fine" on a company that has $50 BILLION 'unattached' in the bank??!
The final area of consideration is long term GROWTH. Once a company has developed it's business plan to the point that it can remain a financially viable entity, it must then concern itself with the concept of getting bigger. While specific growth is different for everyone the fact remains that you can't just 'stand still' in business. You're either growing or dying! The easiest way to grasp this QUICKLY is to think back to the first job you had. Focus on the INCOME that job provided and now try to imagine existing today on that income. The same principles exist for businesses as well. You can't stand still there either! They must meet (and beat) the competition, so research and development are necessary. Technological advances come along and the number of employees must be increased to handle the new jobs these advances create. We could spend volumes on this aspect, but I think you probably get the picture!
So, all businesses, large or small have these same three areas of concern; cash flow generation, stability and growth. Now, let's try to pull these concepts down to a level where we might be able to see a direct connection to our trading businesses.
We are traders. Trading is our business. Let's agree that we have needs for cash flow, stability and growth in order to manage our trading business more effectively. Trading is not just throwing money at the stock market in some 'willy-nilly' fashion. We have to define our trading business in such a way that we can apply sound business principles to insure that we truly have a 'going concern'. Here's how I do that in my business and how I teach others in the trading labs to do the same thing. Lacking both the time and room for a detailed description let me summarize what we do...
First, my cash flow
Lean Manufacturing and Value of Retaining People
In contrast to the perception most people have, lean manufacturing is a system which has a great concern on their employees and people in general. People are in the heart of any organization whether it is a lean organization or not. Managing this important and irreplaceable resource effectively is a must for the success of any organization.People leaving one organization and joining another is a common practice today. But when one leaves your organization that person will be carrying so many important resources with him. Even you have the best plan for replacing one, still you will be loosing so may things. Especially in team working environment a member is much more than a single person. That person is a part of a team. When one leaves the synergy of the organization will go down.People develop their knowledge with the time. They are
n of that income, and long term growth. I describe this a 'encouraging' in that my small business ... in fact ALL businesses ... have the same needs in the same areas, no matter the size of the concern. Let's take a quick look at all three of these areas.
The first and most important of the three is the need for consistent, sometimes daily CASH FLOW. This area is prioritized above the others because it is here where the money is made to meet expenses of continuing in business. Face it .. business have bills to pay. General Electric must meet it's obligations just as surely as we must in our family's daily existence. AT&T has daily obligations ... IBM and Microsoft face an overwhelming amount of daily expenses ... YOU and I are no different! We just operate on a different scale ... thankfully! To the extent that a business is able to meet it's expenses - pay it's bills, if you will, it should, all things being equal, remain a viable business concern. The instant a business fails to generate these very short term funds is the instant it begins to go out of existence!
STABILITY in cash flow generation is almost as important but is prioritized down a notch. The main reason for the 'downgrade' if you will is the nature of the need for cash flow. The expenses must be met, even if on a 'hit or miss' basis. Consistently generating that money is 'stability', crucial in need but behind the actual 'generation' in position. It is important to be sure as stabilizing at a level LOWER than necessary to meet expenses is unacceptable, for obvious reasons!
This stability is achieved in most business by keeping a 'pipeline' full of forthcoming business, designed to provide regular cash infusions periodically. In other companies, stability can be achieved by ... well, just having a ton of cash on hand! Perhaps one of the best examples of this is Microsoft. During the recent onslaught of government or regulatory attacks accusing the software giant of monopolistic practices, fines in the millions of dollars were tossed about as potential 'punishment' for these alleged violations. Can you imagine how LITTLE would be the impact of a $10 million "fine" on a company that has $50 BILLION 'unattached' in the bank??!
The final area of consideration is long term GROWTH. Once a company has developed it's business plan to the point that it can remain a financially viable entity, it must then concern itself with the concept of getting bigger. While specific growth is different for everyone the fact remains that you can't just 'stand still' in business. You're either growing or dying! The easiest way to grasp this QUICKLY is to think back to the first job you had. Focus on the INCOME that job provided and now try to imagine existing today on that income. The same principles exist for businesses as well. You can't stand still there either! They must meet (and beat) the competition, so research and development are necessary. Technological advances come along and the number of employees must be increased to handle the new jobs these advances create. We could spend volumes on this aspect, but I think you probably get the picture!
So, all businesses, large or small have these same three areas of concern; cash flow generation, stability and growth. Now, let's try to pull these concepts down to a level where we might be able to see a direct connection to our trading businesses.
We are traders. Trading is our business. Let's agree that we have needs for cash flow, stability and growth in order to manage our trading business more effectively. Trading is not just throwing money at the stock market in some 'willy-nilly' fashion. We have to define our trading business in such a way that we can apply sound business principles to insure that we truly have a 'going concern'. Here's how I do that in my business and how I teach others in the trading labs to do the same thing. Lacking both the time and room for a detailed description let me summarize what we do...
First, my cash flo
7 Ways of Building Customers' Trust With Your Web Site
When I purchase something from a web site I first check who is behind this site. If there is no contact information or anything about the owner of the site or his/her company I move on.Unfortunately the Internet attracts some people who are dishonest and prey upon unsuspecting people to make quick money for themselves.Therefore your web site must put your visitor immediately at ease and convey honesty and integrity about it.Here are 7 essential ways of building customers' trust:1. Provide contact information – visitors will easily become frustrated if they have a question to resolve but can’t contact you. At least place an email address or contact form on your web site. Some people prefer to talk to a real person rather than use electronic communication so provide a telephone number and even a real address not
e these very short term funds is the instant it begins to go out of existence!
STABILITY in cash flow generation is almost as important but is prioritized down a notch. The main reason for the 'downgrade' if you will is the nature of the need for cash flow. The expenses must be met, even if on a 'hit or miss' basis. Consistently generating that money is 'stability', crucial in need but behind the actual 'generation' in position. It is important to be sure as stabilizing at a level LOWER than necessary to meet expenses is unacceptable, for obvious reasons!
This stability is achieved in most business by keeping a 'pipeline' full of forthcoming business, designed to provide regular cash infusions periodically. In other companies, stability can be achieved by ... well, just having a ton of cash on hand! Perhaps one of the best examples of this is Microsoft. During the recent onslaught of government or regulatory attacks accusing the software giant of monopolistic practices, fines in the millions of dollars were tossed about as potential 'punishment' for these alleged violations. Can you imagine how LITTLE would be the impact of a $10 million "fine" on a company that has $50 BILLION 'unattached' in the bank??!
The final area of consideration is long term GROWTH. Once a company has developed it's business plan to the point that it can remain a financially viable entity, it must then concern itself with the concept of getting bigger. While specific growth is different for everyone the fact remains that you can't just 'stand still' in business. You're either growing or dying! The easiest way to grasp this QUICKLY is to think back to the first job you had. Focus on the INCOME that job provided and now try to imagine existing today on that income. The same principles exist for businesses as well. You can't stand still there either! They must meet (and beat) the competition, so research and development are necessary. Technological advances come along and the number of employees must be increased to handle the new jobs these advances create. We could spend volumes on this aspect, but I think you probably get the picture!
So, all businesses, large or small have these same three areas of concern; cash flow generation, stability and growth. Now, let's try to pull these concepts down to a level where we might be able to see a direct connection to our trading businesses.
We are traders. Trading is our business. Let's agree that we have needs for cash flow, stability and growth in order to manage our trading business more effectively. Trading is not just throwing money at the stock market in some 'willy-nilly' fashion. We have to define our trading business in such a way that we can apply sound business principles to insure that we truly have a 'going concern'. Here's how I do that in my business and how I teach others in the trading labs to do the same thing. Lacking both the time and room for a detailed description let me summarize what we do...
First, my cash flo
Guerrilla Job Hunting Tactics
It is all out war in finding good companies to work for these days. As people scramble for an edge in winning out over other candidates, there are some rules of the hunt that are truly different. There are many articles and advisors who can claim professional expertise in what it takes to find the right job, and much of the advice is sound for many people. The truth is that just about any method people use to find work will eventually lead to positive results as long as the person is willing to persist in looking. Business opportunities are as diverse as the people who run them, and there is a place for just about every type of person imaginable, but the devil is in the details. This article will examine common advice, and expose some of the hidden facts everyone should know about moving forward.Many advisors discuss the value of resume
millions of dollars were tossed about as potential 'punishment' for these alleged violations. Can you imagine how LITTLE would be the impact of a $10 million "fine" on a company that has $50 BILLION 'unattached' in the bank??!
The final area of consideration is long term GROWTH. Once a company has developed it's business plan to the point that it can remain a financially viable entity, it must then concern itself with the concept of getting bigger. While specific growth is different for everyone the fact remains that you can't just 'stand still' in business. You're either growing or dying! The easiest way to grasp this QUICKLY is to think back to the first job you had. Focus on the INCOME that job provided and now try to imagine existing today on that income. The same principles exist for businesses as well. You can't stand still there either! They must meet (and beat) the competition, so research and development are necessary. Technological advances come along and the number of employees must be increased to handle the new jobs these advances create. We could spend volumes on this aspect, but I think you probably get the picture!
So, all businesses, large or small have these same three areas of concern; cash flow generation, stability and growth. Now, let's try to pull these concepts down to a level where we might be able to see a direct connection to our trading businesses.
We are traders. Trading is our business. Let's agree that we have needs for cash flow, stability and growth in order to manage our trading business more effectively. Trading is not just throwing money at the stock market in some 'willy-nilly' fashion. We have to define our trading business in such a way that we can apply sound business principles to insure that we truly have a 'going concern'. Here's how I do that in my business and how I teach others in the trading labs to do the same thing. Lacking both the time and room for a detailed description let me summarize what we do...
First, my cash flo
List Building - List Building Basics for the Beginning List Builder II
One of the most important things that you need to put on your website is a squeeze page. Of course a squeeze page is a webpage that is designed primarily and only for the opting in of subscribers. Although you can put opt in Web form boxes on any other webpage, if the primary purpose, and the only purpose of the webpage is not to opt in e-mail addresses, then generally your opt in e-mail rate is very very low, in the five to 10% range. With a squeeze page itself, you can get as high as 60 or 70% opt in rate, which is as much as five to 15 times the optin rate than you would get from a Web form on any other webpage.So now that we have established a squeeze page is extremely important how do you make it, what is important?I build a squeeze page very much like to build a sales page. I began with a headline, a headline is extremely exc
must be increased to handle the new jobs these advances create. We could spend volumes on this aspect, but I think you probably get the picture!
So, all businesses, large or small have these same three areas of concern; cash flow generation, stability and growth. Now, let's try to pull these concepts down to a level where we might be able to see a direct connection to our trading businesses.
We are traders. Trading is our business. Let's agree that we have needs for cash flow, stability and growth in order to manage our trading business more effectively. Trading is not just throwing money at the stock market in some 'willy-nilly' fashion. We have to define our trading business in such a way that we can apply sound business principles to insure that we truly have a 'going concern'. Here's how I do that in my business and how I teach others in the trading labs to do the same thing. Lacking both the time and room for a detailed description let me summarize what we do...
First, my cash flow is a function of my daily, short term trading. This is not day trading by design. Rather, I use one of several strategies designed to get into a trade and then back to cash in a 1-5 day period. Trade only the journey the stock normally takes each day, being content with SMALL (daily) profits. Here are some givens:
You will NOT be profitable on every trade.
Your business does NOT depend on the success of your next (or your last) trade, so EMOTION has no place on the trading floor!
Stability in trading comes from the same place for us as for any other business; either a full pipeline of pending business or CASH in the bank. We can overcome a shortfall in COH (cash on hand) with successful medium term trades (30-90 days in length). I like to use covered calls and/or spreads to provide that regular cash infusion providing a leveling effect in the short term account.
Growth comes from successful long term (greater than 90 days) trading. For this, my favorite strategy is selling naked puts on high quality Blue Chip stock (however you define 'blue chip'). A quick trip down this lane shows us picking out 'chippers' on weakness, selling puts having strike prices just below earlier PEAK values. The operative here is that we don't really care if the stock regain these earlier values ... just moving toward them will give us most of the profit we seek!
So there we have all three management aspects of any successful business; cash flow, stability and growth. Treat your trading like a business and it will treat you like royalty! Make it a great day!
Bob

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Add You - Treat Your Trading Like a Business

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