roduct or a service for $200 and your costs total $150. That means your profit is 25% or $50. Did you know that if you give some scrooge a 20% discount, you cut your profits by a Pennypinchers, churls, moneygrubbers, niggards, pikers, pinchfists, scrimps – I HATE them. They have a scarcity mentality and they nickel and dime everyone. I don’t spend any time with them. Frugality is good, but being cheap is not smart when you want to create abundance, friends and happiness. One of the things I have learnt is that I should spend money where appropriate. Don’t take someone to a fast food joint to close a big deal. And don’t spend a fortune on things that show no ROI. But the biggest lesson I learnt is not to do business with tightwads.

Pennypinchers want everything for nothing, and they always want discounts. Here’s what you should know about discounts: Assume you’re selling a product or a service for $200 and your costs total $150. That means your profit is 25% or $50. Did you know that if you give some scrooge a 20% discount, you cut your profits by a

with them. Frugality is good, but being cheap is not smart when you want to create abundance, friends and happiness. One of the things I have learnt is that I should spend money where appropriate. Don’t take someone to a fast food joint to close a big deal. And don’t spend a fortune on things that show no ROI. But the biggest lesson I learnt is not to do business with tightwads.

Pennypinchers want everything for nothing, and they always want discounts. Here’s what you should know about discounts: Assume you’re selling a product or a service for $200 and your costs total $150. That means your profit is 25% or $50. Did you know that if you give some scrooge a 20% discount, you cut your profits by a

where appropriate. Don’t take someone to a fast food joint to close a big deal. And don’t spend a fortune on things that show no ROI. But the biggest lesson I learnt is not to do business with tightwads.

Pennypinchers want everything for nothing, and they always want discounts. Here’s what you should know about discounts: Assume you’re selling a product or a service for $200 and your costs total $150. That means your profit is 25% or $50. Did you know that if you give some scrooge a 20% discount, you cut your profits by a

business with tightwads.

Pennypinchers want everything for nothing, and they always want discounts. Here’s what you should know about discounts: Assume you’re selling a product or a service for $200 and your costs total $150. That means your profit is 25% or $50. Did you know that if you give some scrooge a 20% discount, you cut your profits by a

roduct or a service for $200 and your costs total $150. That means your profit is 25% or $50. Did you know that if you give some scrooge a 20% discount, you cut your profits by a massive 80%? And, if you really believe in your product or service, increase your price by only 20% - that means an 80% increase in products!

Also, when you discount your product or service, what you’re REALLY saying is, “I overcharged you and tried to take advantage of you, but you saw through me, and now you’re paying what it’s TRULY worth.” NEVER discount. Morton Wilder said, “Money is like manure; it's not worth a thing unless it's spread around encouraging young things to grow.”

Instead of discounting, how about adding value? Using Joint Ventures, you can easily double the value at no cost or risk to you, AND create additional income for yourself at 100% margin! Use other peoples’ resources